Zip 37148 (Portland, TN) Housing

The housing market in 37148 Portland, TN is doing significantly better than the national average. The median value of a home in this area is $281,900, which is much lower than the US median value of $338,100. However, the US has seen a 1 year appreciation rate of 8.27%, while the area around 37148 Portland has seen an appreciation rate of 17.31% in the same time frame. This demonstrates that people are investing heavily in this area and that it's an ideal place to consider buying a home or investing in real estate.

The median home cost in Portland (zip 37148) is $281,900. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Portland (zip 37148) is up 25.7%.

Average Age of Homes

- The median age of Portland (zip 37148) real estate is 26 years old

The Rental Market in Portland (zip 37148)

- Renters make up 25.8% of the Portland (zip 37148) population
- 0.6% of houses and apartments in Portland (zip 37148), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Portland, Tennessee	United States
	9,464.0	139,647,020.0
	28	42
	$281,900	$338,100
	25.7%	16.6%
	82.3%	57.0%
	152.0%	101.1%
	$6.03	$10.98
	$1,162	$2,690
	67.0%	57.4%
	6.8%	11.2%
	26.2%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.9%	0.4%
	1.3%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.3%	2.4%
	1.8%	2.8%
	3.1%	3.9%
	4.9%	4.5%
	19.0%	11.3%
	21.7%	13.0%
	24.9%	20.1%
	10.4%	13.6%
	6.8%	8.3%
	3.1%	9.7%
	1.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.8%	13.6%
	23.8%	13.6%
	24.1%	13.6%
	10.8%	13.2%
	10.6%	14.8%
	24.1%	13.6%
	5.2%	10.0%
	2.6%	4.7%
	6.6%	12.2%

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