The housing market in 37722 Cosby, TN is unusually strong. The median value of a home in the area is $223,700, significantly lower than the US House Median Value of $338,100. However, the 1 year House Appreciation rate in 37722 Cosby is 20.45%, well above the national average of 8.27%. This data suggests that housing values in 37722 Cosby are increasing at an accelerated rate when compared to the rest of the country.
The median home cost in Cosby (zip 37722) is $223,700. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Cosby (zip 37722) is up 24.9%.
Average Age of Homes
- The median age of Cosby (zip 37722) real estate is 26 years old
The Rental Market in Cosby (zip 37722)
- Renters make up 20.0% of the Cosby (zip 37722) population
- 4.8% of houses and apartments in Cosby (zip 37722), 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.