The housing in 37028 Bumpus Mills, TN is flourishing. The median value of the homes in the area is $158,400, which is significantly lower than the overall US median value of $338,100. However, what it lacks in price it makes up for in appreciation rate. In the last year alone, homes in Bumpus Mills have appreciated at a rate of 15.74%, which is more than double the US House Appreciation rate of 8.27%. This shows that this area is a great place to invest in property and reap the benefits from rising home values.
The median home cost in Bumpus Mills (zip 37028) is $158,400. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Bumpus Mills (zip 37028) is up 25.0%.
Average Age of Homes
- The median age of Bumpus Mills (zip 37028) real estate is 26 years old
The Rental Market in Bumpus Mills (zip 37028)
- Renters make up 15.2% of the Bumpus Mills (zip 37028) population
- 0.0% of houses and apartments in Bumpus Mills (zip 37028), 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.