Madisonville, TN has seen a significant appreciation in the median value of housing over the past year. The median value of a home in Madisonville is currently $221,000, which is significantly lower than the US national average of $338,100. However, over the past 12 months homes in Madisonville have appreciated by 13.88%, compared to the national average of 8.27%. This shows that investing in real estate in Madisonville can be a sound financial decision and could yield great returns for those looking to invest in real estate in this area.
The median home cost in Madisonville (zip 37354) is $221,000. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Madisonville (zip 37354) is up 22.8%.
Average Age of Homes
- The median age of Madisonville (zip 37354) real estate is 30 years old
The Rental Market in Madisonville (zip 37354)
- Renters make up 26.2% of the Madisonville (zip 37354) population
- 0.7% of houses and apartments in Madisonville (zip 37354), 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.