The housing market in 38251 Puryear, TN is booming. The median value of a house in this area is $159,400, which is much lower than the US median value of $338,100. However, the one year appreciation rate of homes here is 18.32%, far higher than the US average appreciation rate of 8.27%. This shows that despite the lower median value, home values in 38251 Puryear are rising rapidly and becoming increasingly attractive to potential buyers.
The median home cost in Puryear (zip 38251) is $159,400. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Puryear (zip 38251) is up 25.8%.
Average Age of Homes
- The median age of Puryear (zip 38251) real estate is 41 years old
The Rental Market in Puryear (zip 38251)
- Renters make up 13.6% of the Puryear (zip 38251) population
- 0.0% of houses and apartments in Puryear (zip 38251), 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.