The housing market in 38012 Brownsville, TN is a great option for buyers looking to get into the market. The median value of homes in this area is $126,500, which is significantly lower than the US median value of $338,100. This makes it an ideal place for those who may not be able to afford a more expensive home elsewhere. Additionally, the 1 year appreciation rate of 15.2% is much higher than the US average of 8.27%, making it an attractive option for investors as well. With its low prices and high appreciation rate, Brownsville is definitely worth considering when looking for housing in 38012.
The median home cost in Brownsville (zip 38012) is $126,500. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Brownsville (zip 38012) is up 20.2%.
Average Age of Homes
- The median age of Brownsville (zip 38012) real estate is 41 years old
The Rental Market in Brownsville (zip 38012)
- Renters make up 37.2% of the Brownsville (zip 38012) population
- 2.7% of houses and apartments in Brownsville (zip 38012), 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.