Zip 38321 (Cedar Grove, TN) Housing

The housing in 38321 Cedar Grove, TN is quite impressive compared to the US median value. The housing value in this area has a median of $159,000, which is much lower than the US median of $338,100. Additionally, the 1 year appreciation rate for houses in this area is 19.25%, almost double the US rate of 8.27%. This makes Cedar Grove a prime location for prospective home buyers who wish to gain more from their investment.

The median home cost in Cedar Grove (zip 38321) is $159,000. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Cedar Grove (zip 38321) is up 24.9%.

Average Age of Homes

- The median age of Cedar Grove (zip 38321) real estate is 37 years old

The Rental Market in Cedar Grove (zip 38321)

- Renters make up 22.0% of the Cedar Grove (zip 38321) population
- 0.0% of houses and apartments in Cedar Grove (zip 38321), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cedar Grove, Tennessee	United States
	1,191.0	139,647,020.0
	30	42
	$159,000	$338,100
	24.9%	16.6%
	67.1%	57.0%
	87.0%	101.1%
	$7.72	$10.98
	$459	$2,690
	75.8%	57.4%
	8.5%	11.2%
	15.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	3.2%	0.7%
	0.0%	0.4%
	3.0%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	8.4%	2.6%
	10.5%	2.4%
	13.2%	2.8%
	15.1%	3.9%
	15.1%	4.5%
	11.4%	11.3%
	7.0%	13.0%
	13.5%	20.1%
	1.9%	13.6%
	3.2%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.9%	13.6%
	14.9%	13.6%
	35.3%	13.6%
	16.9%	13.2%
	13.3%	14.8%
	35.3%	13.6%
	0.0%	10.0%
	8.6%	4.7%
	3.4%	12.2%

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