The housing market in Bristol, TN 37620 is doing particularly well. The median value of a house in the area is 183,900, which is significantly lower than the US house median value of 338,100. However, the one year appreciation rate for houses in Bristol is 20.28%, much higher than the US appreciation rate of 8.27%. This indicates that investing in real estate in Bristol is a great option as it has seen an above-average increase in value over the last year.
The median home cost in Bristol (zip 37620) is $183,900. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Bristol (zip 37620) is up 24.2%.
Average Age of Homes
- The median age of Bristol (zip 37620) real estate is 47 years old
The Rental Market in Bristol (zip 37620)
- Renters make up 23.2% of the Bristol (zip 37620) population
- 1.3% of houses and apartments in Bristol (zip 37620), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.