Housing in 37640 Butler, TN has seen a significant increase in median value over the past year. The median value for homes in the area is currently $233,600, which is considerably lower than the US median of $338,100. Despite this gap, houses in 37640 Butler have appreciated by 20.28% over the last year - much higher than the national average of 8.27%. This suggests that buyers looking for a good deal may want to consider investing in property in this area soon before it gets too expensive.
The median home cost in Butler (zip 37640) is $233,600. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Butler (zip 37640) is up 24.2%.
Average Age of Homes
- The median age of Butler (zip 37640) real estate is 28 years old
The Rental Market in Butler (zip 37640)
- Renters make up 7.7% of the Butler (zip 37640) population
- 0.3% of houses and apartments in Butler (zip 37640), 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.