The housing in Jacksboro, TN (37757) is highly desirable. The median value of houses in the area is $238,300, which is significantly lower than the US median house value of $338,100. Despite this lower price tag, the area has seen an impressive increase in house values over the past year, with a one-year appreciation rate of 20.45%, far higher than the US 1-year house appreciation rate of 8.27%. This can be attributed to Jacksboro's close proximity to major metropolitan areas and its growing popularity among urban professionals seeking to relocate to a more rural setting.
The median home cost in Jacksboro (zip 37757) is $238,300. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Jacksboro (zip 37757) is up 24.9%.
Average Age of Homes
- The median age of Jacksboro (zip 37757) real estate is 28 years old
The Rental Market in Jacksboro (zip 37757)
- Renters make up 20.5% of the Jacksboro (zip 37757) population
- 1.9% of houses and apartments in Jacksboro (zip 37757), 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.