Zip 38473 (Minor Hill, TN) Housing

The housing market in 38473 Minor Hill, TN is thriving. The median value of housing in the area is $185,000, which is significantly lower than the US median value of $338,100. Despite this difference, the one year appreciation rate of houses in this region is 19.43%, more than double the US rate of 8.27%. This indicates that Minor Hill is a great place to invest in real estate, as prices are rising quickly and substantially.

The median home cost in Minor Hill (zip 38473) is $185,000. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Minor Hill (zip 38473) is up 26.6%.

Average Age of Homes

- The median age of Minor Hill (zip 38473) real estate is 38 years old

The Rental Market in Minor Hill (zip 38473)

- Renters make up 23.3% of the Minor Hill (zip 38473) population
- 0.0% of houses and apartments in Minor Hill (zip 38473), 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	Minor Hill, Tennessee	United States
	440.0	139,647,020.0
	42	42
	$185,000	$338,100
	26.6%	16.6%
	88.9%	57.0%
	154.1%	101.1%
	$5.82	$10.98
	$1,160	$2,690
	59.5%	57.4%
	18.4%	11.2%
	22.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.8%	0.7%
	3.2%	0.4%
	2.3%	3.6%
	11.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.9%	2.4%
	6.5%	2.8%
	5.0%	3.9%
	17.9%	4.5%
	17.6%	11.3%
	8.4%	13.0%
	31.7%	20.1%
	8.4%	13.6%
	2.7%	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%
	22.5%	13.6%
	22.5%	13.6%
	19.1%	13.6%
	6.4%	13.2%
	20.0%	14.8%
	19.1%	13.6%
	13.0%	10.0%
	1.4%	4.7%
	5.0%	12.2%

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