The housing market in Erin, TN (37061) is booming! According to recent data, the median value of a home in Erin is $167,700 - considerably lower than the US median house value of $338,100. Furthermore, the 1-year house appreciation rate in Erin is nearly double that of the national average at 15.74%. This means that homes have appreciated substantially in value over the past year and the housing market looks primed for continued success. As such, those looking for a great investment opportunity may want to consider investing in Erin's robust housing market.
The median home cost in Erin (zip 37061) is $167,700. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Erin (zip 37061) is up 25.0%.
Average Age of Homes
- The median age of Erin (zip 37061) real estate is 40 years old
The Rental Market in Erin (zip 37061)
- Renters make up 23.3% of the Erin (zip 37061) population
- 0.3% of houses and apartments in Erin (zip 37061), 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.