The housing market in 38569 Lancaster, TN remains strong and relatively affordable. The median value of homes here is $370,100, which is slightly higher than the national median value of $338,100. This area has seen an impressive 1 year house appreciation of 19.24%, while the US 1 year house appreciation was 8.27%. Therefore, those looking to invest or purchase a home in this area can do so confidently knowing that their investment will appreciate over time.
The median home cost in Lancaster (zip 38569) is $370,100. Home appreciation the last 10 years has been 111.1%. Home Appreciation in Lancaster (zip 38569) is up 25.2%.
Average Age of Homes
- The median age of Lancaster (zip 38569) real estate is 45 years old
The Rental Market in Lancaster (zip 38569)
- Renters make up 13.4% of the Lancaster (zip 38569) population
- 0.0% of houses and apartments in Lancaster (zip 38569), 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.