The housing market in 37356 Monteagle, TN is booming. According to the provided data, the median value for housing in Monteagle is $331,500 which is slightly lower than the US median value of $338,100. However, the 1 year house appreciation rate in Monteagle is 13.88%, much higher than the national rate of 8.27%. This shows that people are investing heavily in this area and prices are likely to continue to rise. It appears that now is an excellent time to invest in real estate in 37356 Monteagle, TN.
The median home cost in Monteagle (zip 37356) is $331,500. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Monteagle (zip 37356) is up 22.8%.
Average Age of Homes
- The median age of Monteagle (zip 37356) real estate is 26 years old
The Rental Market in Monteagle (zip 37356)
- Renters make up 23.2% of the Monteagle (zip 37356) population
- 4.7% of houses and apartments in Monteagle (zip 37356), 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.