The housing market in Fall Branch, TN (37656) is booming. The median value of a home in the area is $227,400, which is significantly lower than the US median value of $338,100. However, over the last year the value of homes in Fall Branch has increased by an impressive 20.28%, while nationally house values have only increased by 8.27%. This highlights how strong the housing market in Fall Branch has been over the last year and shows that it offers a great opportunity for potential homeowners and investors alike.
The median home cost in Fall Branch (zip 37656) is $227,400. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Fall Branch (zip 37656) is up 24.2%.
Average Age of Homes
- The median age of Fall Branch (zip 37656) real estate is 39 years old
The Rental Market in Fall Branch (zip 37656)
- Renters make up 14.5% of the Fall Branch (zip 37656) population
- 0.0% of houses and apartments in Fall Branch (zip 37656), 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.