Zip 38462 (Hohenwald, TN) Housing

The housing market in 38462 Hohenwald, TN is on the rise. The median value of a house in this area is $189,400, which is much lower than the US median value of $338,100. However, the one-year appreciation rate for houses in Hohenwald is 19.43%, significantly higher than the US one-year appreciation rate of 8.27%. This suggests that investing in real estate here could be a good option as values are sure to continue to increase steadily over time.

The median home cost in Hohenwald (zip 38462) is $189,400. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Hohenwald (zip 38462) is up 26.6%.

Average Age of Homes

- The median age of Hohenwald (zip 38462) real estate is 34 years old

The Rental Market in Hohenwald (zip 38462)

- Renters make up 20.9% of the Hohenwald (zip 38462) population
- 1.5% of houses and apartments in Hohenwald (zip 38462), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hohenwald, Tennessee	United States
	4,548.0	139,647,020.0
	35	42
	$189,400	$338,100
	26.6%	16.6%
	88.9%	57.0%
	154.1%	101.1%
	$5.70	$10.98
	$626	$2,690
	71.4%	57.4%
	12.8%	11.2%
	15.9%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	1.4%	0.4%
	0.3%	3.6%
	9.0%	4.1%
Value of Owner-Occupied Housing
	9.2%	2.6%
	7.1%	2.4%
	15.5%	2.8%
	9.1%	3.9%
	4.9%	4.5%
	20.6%	11.3%
	9.7%	13.0%
	17.4%	20.1%
	3.9%	13.6%
	0.0%	8.3%
	0.4%	9.7%
	1.8%	3.9%
	0.0%	2.2%
	0.6%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.2%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	27.0%	13.6%
	15.2%	13.2%
	14.1%	14.8%
	27.0%	13.6%
	8.4%	10.0%
	6.4%	4.7%
	2.0%	12.2%

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