The housing market in 38015 Burlison, TN is thriving. The median value of homes in the area is $190,900, which is significantly lower than the US median housing value of $338,100. This makes buying a home in 38015 Burlison, TN more affordable for people looking to purchase a home. Additionally, the one year house appreciation rate in the area is 15.27%, which is higher than the US average of 8.27%. This indicates that real estate investments made in 38015 Burlison, TN are likely to yield a larger return on investment over time compared to other parts of the country.
The median home cost in Burlison (zip 38015) is $190,900. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Burlison (zip 38015) is up 20.2%.
Average Age of Homes
- The median age of Burlison (zip 38015) real estate is 39 years old
The Rental Market in Burlison (zip 38015)
- Renters make up 25.8% of the Burlison (zip 38015) population
- 1.9% of houses and apartments in Burlison (zip 38015), 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.