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.