The housing market in 38340 Henderson, TN is extremely competitive. The median value of homes in the area is approximately $144,800, which is significantly lower than the US median house value of $338,100. This makes the area an attractive option for first-time homebuyers looking to get a good deal on their purchase. Additionally, over the last year, there has been an impressive appreciation rate of 19.25%, compared to the national average of 8.27%. This means that those who buy now are likely to recoup their investment and make a profit when they sell in the future. With such an advantageous housing market and low median value, Henderson, TN is definitely worth considering when looking for a new home.
The median home cost in Henderson (zip 38340) is $144,800. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Henderson (zip 38340) is up 24.9%.
Average Age of Homes
- The median age of Henderson (zip 38340) real estate is 28 years old
The Rental Market in Henderson (zip 38340)
- Renters make up 26.5% of the Henderson (zip 38340) population
- 0.0% of houses and apartments in Henderson (zip 38340), 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.