The housing market in Henning, TN (38041) is doing much better than the national average. The median value of houses in the area is $98,900, which is significantly lower than the US median of $338,100. Perhaps more importantly, the 1 year appreciation rate of 15.27% in Henning far outstrips the 8.27% appreciation rate nationally over the same period of time. This indicates that our area has a strong and growing housing market and offers an inviting opportunity to potential buyers or sellers looking to make a move into or out of 38041.
The median home cost in Henning (zip 38041) is $98,900. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Henning (zip 38041) is up 20.2%.
Average Age of Homes
- The median age of Henning (zip 38041) real estate is 32 years old
The Rental Market in Henning (zip 38041)
- Renters make up 21.3% of the Henning (zip 38041) population
- 3.8% of houses and apartments in Henning (zip 38041), 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.