The housing market in 37821 Newport, TN is thriving. The median value of homes in the area is $172,800, compared to the US median value of $338,100. In the last year alone, home values have appreciated by an impressive 21.68%, far outpacing the US average of 8.27%. This speaks to the strong economy and vibrant culture found in Newport, as well as the growth potential for homeowners looking to invest in the area.
The median home cost in Newport (zip 37821) is $172,800. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Newport (zip 37821) is up 27.0%.
Average Age of Homes
- The median age of Newport (zip 37821) real estate is 37 years old
The Rental Market in Newport (zip 37821)
- Renters make up 29.8% of the Newport (zip 37821) population
- 2.7% of houses and apartments in Newport (zip 37821), 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.