The housing market in 37150 Red Boiling Springs, TN is on the rise with a median value of $150,000. This is significantly lower than the US house median value of $338,100, however it has seen a larger increase in appreciation over the past year at 17.31% compared to the US average of 8.27%. The strong appreciation rate suggests that there is strong demand for housing in this area and that prices will continue to rise in the future.
The median home cost in Red Boiling Springs (zip 37150) is $150,000. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Red Boiling Springs (zip 37150) is up 25.7%.
Average Age of Homes
- The median age of Red Boiling Springs (zip 37150) real estate is 35 years old
The Rental Market in Red Boiling Springs (zip 37150)
- Renters make up 17.7% of the Red Boiling Springs (zip 37150) population
- 2.0% of houses and apartments in Red Boiling Springs (zip 37150), 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.