The housing market in 37369 Reliance, TN is thriving. The median value of housing in this area is significantly lower than the US median of $338,100 at an estimated $187,900. However, this area has seen greater appreciation over the last year with a rate of 13.88%, compared to the US average of 8.27%. This suggests that investments in Reliance real estate can yield solid returns for those looking to buy or sell houses in this area. With its relatively low housing prices and high potential return on investment, Reliance is an attractive option for prospective home buyers and investors alike.
The median home cost in Reliance (zip 37369) is $187,900. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Reliance (zip 37369) is up 22.8%.
Average Age of Homes
- The median age of Reliance (zip 37369) real estate is 40 years old
The Rental Market in Reliance (zip 37369)
- Renters make up 2.4% of the Reliance (zip 37369) population
- 0.0% of houses and apartments in Reliance (zip 37369), 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.