equestId":"bf1717ce-1f55-40a4-8238-3551624b52ea","resource":"content","data":[{"id":"txt_92c7fc7c1d784be2b7f56a2e74b6a43c","text":"\n \nThe housing market in Gallatin, TN (37066) has been booming recently. The median value of a house currently stands at $418,300, which is significantly higher than the US median value of $338,100. This trend is even more impressive when looking at the appreciation rates for the past year. The US housing market saw an appreciation rate of 8.27%, while Gallatin had an appreciation rate of 15.74%. This shows that households in the area are investing heavily in local real estate and driving up demand and prices steadily.
The median home cost in Gallatin (zip 37066) is $418,300. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Gallatin (zip 37066) is up 25.0%.
Average Age of Homes
- The median age of Gallatin (zip 37066) real estate is 26 years old
The Rental Market in Gallatin (zip 37066)
- Renters make up 32.7% of the Gallatin (zip 37066) population
- 2.2% of houses and apartments in Gallatin (zip 37066), 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.