Munford, TN (38058) offers housing opportunities that are highly desirable for many potential homeowners. The median value of a home in Munford is $238,400, which is much lower than the US median house value of $338,100. Additionally, the 1 year appreciation rate for houses in Munford is 15.27%, which is significantly higher than the national 1 year appreciation rate of 8.27%. This makes it an attractive option for those looking to purchase a home and benefit from the rise in housing prices over time.
The median home cost in Munford (zip 38058) is $238,400. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Munford (zip 38058) is up 20.2%.
Average Age of Homes
- The median age of Munford (zip 38058) real estate is 25 years old
The Rental Market in Munford (zip 38058)
- Renters make up 28.2% of the Munford (zip 38058) population
- 3.0% of houses and apartments in Munford (zip 38058), 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.