The housing in 37363 Ooltewah, TN is booming. The median value of houses in the area is $394,800, which is significantly higher than the US house median value of $338,100. In addition to that, the house appreciation rate over the past year was 13.88%, higher than the 8.27% appreciation rate across the entire United States. This indicates that 37363 Ooltewah TN is a great place to invest in real estate as values are steadily increasing.
The median home cost in Ooltewah (zip 37363) is $394,800. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Ooltewah (zip 37363) is up 22.8%.
Average Age of Homes
- The median age of Ooltewah (zip 37363) real estate is 20 years old
The Rental Market in Ooltewah (zip 37363)
- Renters make up 16.4% of the Ooltewah (zip 37363) population
- 0.0% of houses and apartments in Ooltewah (zip 37363), 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.