The housing market in Decherd, TN (zip code 37324) is a strong one. The median value of homes in this area is $194,900, significantly lower than the US median value of $338,100. However, what it lacks in price it makes up for with its rate of appreciation - the US house appreciation rate over the last year was 8.27%, while Decherd saw a 13.88% jump in home values over the same period. This indicates that the housing market here is growing rapidly and could be an attractive prospect for potential buyers looking to capitalize on increasing property values.
The median home cost in Decherd (zip 37324) is $194,900. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Decherd (zip 37324) is up 22.8%.
Average Age of Homes
- The median age of Decherd (zip 37324) real estate is 40 years old
The Rental Market in Decherd (zip 37324)
- Renters make up 26.9% of the Decherd (zip 37324) population
- 0.0% of houses and apartments in Decherd (zip 37324), 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.