The housing market in 37683 Mountain City, TN is thriving. The median value of a home in the area is $177,800, which is significantly lower than the U.S. median value of $338,100. This means that homes in this area are more affordable for potential buyers than in other parts of the country. Additionally, homes have had an impressive 1-year appreciation rate of 20.28%, making this area a great investment opportunity as well as a popular choice for potential homeowners. These factors combined make Mountain City a great place to invest and buy a home.
The median home cost in Mountain City (zip 37683) is $177,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Mountain City (zip 37683) is up 24.2%.
Average Age of Homes
- The median age of Mountain City (zip 37683) real estate is 36 years old
The Rental Market in Mountain City (zip 37683)
- Renters make up 20.8% of the Mountain City (zip 37683) population
- 1.6% of houses and apartments in Mountain City (zip 37683), 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.