Zip 37412 (East Ridge, TN) Housing

The housing market in East Ridge, TN (37412) is quite strong, with the median value of homes at $214,000. This is significantly lower than the US median value of $338,100 but it's still a good investment due to the 1 year house appreciation rate of 17.27%, which is significantly higher than the national average of 8.27%. The strong appreciation rate makes this an attractive place to invest in real estate as prices are rising quickly and providing excellent returns on investments.

The median home cost in East Ridge (zip 37412) is $214,000. Home appreciation the last 10 years has been 118.1%. Home Appreciation in East Ridge (zip 37412) is up 20.0%.

Average Age of Homes

- The median age of East Ridge (zip 37412) real estate is 56 years old

The Rental Market in East Ridge (zip 37412)

- Renters make up 41.1% of the East Ridge (zip 37412) population
- 1.0% of houses and apartments in East Ridge (zip 37412), 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	East Ridge, Tennessee	United States
	10,348.0	139,647,020.0
	58	42
	$214,000	$338,100
	20.0%	16.6%
	76.0%	57.0%
	118.1%	101.1%
	$9.80	$10.98
	$1,396	$2,690
	57.2%	57.4%
	5.5%	11.2%
	37.2%	31.4%
Vacant Housing
	1.0%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.3%	2.4%
	0.9%	2.8%
	7.1%	3.9%
	11.0%	4.5%
	36.6%	11.3%
	24.5%	13.0%
	14.3%	20.1%
	2.8%	13.6%
	0.5%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.4%	13.6%
	4.4%	13.6%
	4.9%	13.6%
	9.3%	13.2%
	17.6%	14.8%
	4.9%	13.6%
	30.6%	10.0%
	10.5%	4.7%
	4.0%	12.2%

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