Zip 37770 (Lancing, TN) Housing

37770 Lancing, TN has a housing median value of $159,800 which is significantly lower than the US House Median Value of $338,100. Despite the lower initial value, the 1 year house appreciation in 37770 Lancing, TN is 20.45%, which is much higher than the US 1 year house appreciation rate of 8.27%. This suggests that investing in real estate in 37770 Lancing, TN has an excellent potential for growth and financial gain despite its initially lower value relative to other areas.

The median home cost in Lancing (zip 37770) is $159,800. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Lancing (zip 37770) is up 24.9%.

Average Age of Homes

- The median age of Lancing (zip 37770) real estate is 31 years old

The Rental Market in Lancing (zip 37770)

- Renters make up 16.4% of the Lancing (zip 37770) population
- 1.0% of houses and apartments in Lancing (zip 37770), 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	Lancing, Tennessee	United States
	1,430.0	139,647,020.0
	38	42
	$159,800	$338,100
	24.9%	16.6%
	83.4%	57.0%
	106.1%	101.1%
	$7.96	$10.98
	$880	$2,690
	78.3%	57.4%
	11.7%	11.2%
	10.1%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.8%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	10.5%	2.4%
	12.0%	2.8%
	11.6%	3.9%
	11.3%	4.5%
	13.5%	11.3%
	16.9%	13.0%
	21.6%	20.1%
	1.7%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.1%	13.6%
	11.1%	13.6%
	15.9%	13.6%
	12.8%	13.2%
	9.9%	14.8%
	15.9%	13.6%
	9.0%	10.0%
	2.4%	4.7%
	18.2%	12.2%

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