The housing market in Etowah, Tennessee (37331) is booming. The median value of housing in the area is $161,800, significantly lower than the US median value of $338,100. This lower cost makes it an attractive option for those looking to purchase a home. Additionally, the rate of appreciation over the last year has been 13.88%, which is higher than the 8.27% national average. This indicates that housing prices are increasing faster in this part of Tennessee than in other parts of the country. For those looking to invest in real estate or find an affordable place to live, Etowah could be a great option due to its low housing costs and high appreciation rate.
The median home cost in Etowah (zip 37331) is $161,800. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Etowah (zip 37331) is up 22.8%.
Average Age of Homes
- The median age of Etowah (zip 37331) real estate is 44 years old
The Rental Market in Etowah (zip 37331)
- Renters make up 19.7% of the Etowah (zip 37331) population
- 2.0% of houses and apartments in Etowah (zip 37331), 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.