The housing market in Jellico, TN (37762) is an attractive option for potential home buyers. The median value of a home in this area is $110,900, which is considerably lower than the national median value of $338,100. Over the last year, house appreciation in Jellico has been quite high at 20.45%, compared to the national average of 8.27%. With such an appreciable rate of growth and an affordable cost relative to other areas, Jellico offers an ideal situation for those looking to buy a home.
The median home cost in Jellico (zip 37762) is $110,900. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Jellico (zip 37762) is up 24.9%.
Average Age of Homes
- The median age of Jellico (zip 37762) real estate is 42 years old
The Rental Market in Jellico (zip 37762)
- Renters make up 29.6% of the Jellico (zip 37762) population
- 4.4% of houses and apartments in Jellico (zip 37762), 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.