Zip 38355 (Medina, TN) Housing


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United States / Tennessee / No Metro Area / Gibson County / Medina / Medina (zip 38355)
Medina, Tennessee, located in 38355 zip code, has a median housing value of $265,400. This is significantly lower than the US median housing value of $338,100. However, the appreciation rate in Medina is much higher than the country as a whole. In just one year, house values have increased by 19.25%, compared to the US average of 8.27%. This indicates that Medina is an up and coming area for housing investments and that there are opportunities for buyers and sellers to get a good return on their investment.

The median home cost in Medina (zip 38355) is $265,400. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Medina (zip 38355) is up 24.9%.

Average Age of Homes
- The median age of Medina (zip 38355) real estate is 17 years old
The Rental Market in Medina (zip 38355)
- Renters make up 11.8% of the Medina (zip 38355) population
- 1.4% of houses and apartments in Medina (zip 38355), 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

  HousingMedina, TennesseeUnited States
  3,225.0139,647,020.0
  2142
  $265,400$338,100
  24.9%16.6%
  67.1%57.0%
  87.0%101.1%
  $6.48$10.98
  $1,322$2,690
  73.6%57.4%
  7.4%11.2%
  19.0%31.4%
  Vacant Housing
  1.4%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  6.0%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  2.6%2.4%
  0.9%2.8%
  4.7%3.9%
  6.6%4.5%
  12.2%11.3%
  21.5%13.0%
  37.3%20.1%
  11.0%13.6%
  2.0%8.3%
  0.5%9.7%
  0.8%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  42.4%13.6%
  42.4%13.6%
  11.1%13.6%
  14.9%13.2%
  2.6%14.8%
  11.1%13.6%
  4.3%10.0%
  6.5%4.7%
  4.1%12.2%
Commute