Zip 38224 (Cottage Grove, TN) Housing

The median housing value in Cottage Grove, TN (38224) is $188,000, which is significantly lower than the US median house value of $338,100. However, Cottage Grove has seen an increase in house appreciation of 18.32% over the past year compared to the US average of only 8.27%. This indicates that Cottage Grove could be a great investment opportunity for those looking to buy a new home at an affordable price with potential for significant growth over time.

The median home cost in Cottage Grove (zip 38224) is $188,000. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Cottage Grove (zip 38224) is up 25.8%.

Average Age of Homes

- The median age of Cottage Grove (zip 38224) real estate is 28 years old

The Rental Market in Cottage Grove (zip 38224)

- Renters make up 12.0% of the Cottage Grove (zip 38224) population
- 0.0% of houses and apartments in Cottage Grove (zip 38224), 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	Cottage Grove, Tennessee	United States
	362.0	139,647,020.0
	48	42
	$188,000	$338,100
	25.8%	16.6%
	83.2%	57.0%
	114.7%	101.1%
	$6.07	$10.98
	$637	$2,690
	66.9%	57.4%
	18.2%	11.2%
	14.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	5.0%	0.7%
	0.0%	0.4%
	4.1%	3.6%
	9.1%	4.1%
Value of Owner-Occupied Housing
	9.5%	2.6%
	4.5%	2.4%
	3.3%	2.8%
	16.1%	3.9%
	0.0%	4.5%
	24.0%	11.3%
	22.7%	13.0%
	11.2%	20.1%
	5.4%	13.6%
	3.3%	8.3%
	0.0%	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%
	8.6%	13.6%
	8.6%	13.6%
	19.1%	13.6%
	9.9%	13.2%
	14.6%	14.8%
	19.1%	13.6%
	7.5%	10.0%
	2.2%	4.7%
	14.1%	12.2%

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