The housing market in 37318 Cowan, TN is quite impressive. The median value of the housing in this area is $158,000, which is significantly lower than the US house median value of $338,100. Despite this lower cost, housing appreciation in 37318 Cowan still outpaces national averages. In the last year alone, house appreciation was 13.88%, compared to 8.27% nationally. This higher appreciation rate makes 37318 Cowan an attractive area for potential homebuyers looking for a great investment opportunity in the housing market.
The median home cost in Cowan (zip 37318) is $158,000. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Cowan (zip 37318) is up 22.8%.
Average Age of Homes
- The median age of Cowan (zip 37318) real estate is 58 years old
The Rental Market in Cowan (zip 37318)
- Renters make up 26.1% of the Cowan (zip 37318) population
- 0.0% of houses and apartments in Cowan (zip 37318), 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.