Zip 38356 (Medon, TN) Housing

Medon, TN is an attractive town with a median housing value of $161,000, which is significantly lower than the US median of $338,100. In the past year alone, housing values have appreciated by 19.25%, significantly higher than the national average of 8.27%. This makes Medon an especially attractive place to invest in real estate since returns are likely to be higher than in other parts of the country.

The median home cost in Medon (zip 38356) is $161,000. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Medon (zip 38356) is up 24.9%.

Average Age of Homes

- The median age of Medon (zip 38356) real estate is 30 years old

The Rental Market in Medon (zip 38356)

- Renters make up 18.4% of the Medon (zip 38356) population
- 0.0% of houses and apartments in Medon (zip 38356), 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	Medon, Tennessee	United States
	1,350.0	139,647,020.0
	33	42
	$161,000	$338,100
	24.9%	16.6%
	67.1%	57.0%
	87.0%	101.1%
	$6.61	$10.98
	$899	$2,690
	66.1%	57.4%
	11.1%	11.2%
	22.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.1%	3.6%
	8.0%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	11.4%	2.4%
	7.7%	2.8%
	5.9%	3.9%
	13.6%	4.5%
	11.0%	11.3%
	12.0%	13.0%
	22.2%	20.1%
	7.4%	13.6%
	6.8%	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%
	11.6%	13.6%
	11.6%	13.6%
	32.2%	13.6%
	13.5%	13.2%
	11.9%	14.8%
	32.2%	13.6%
	2.7%	10.0%
	3.0%	4.7%
	9.7%	12.2%

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