The housing market in Riceville, TN 37370 is a strong one. The median value of homes in this area is $249,700, which is lower than the national median value of $338,100. This makes it a great place for potential buyers to invest in with great affordability and potential gains. In addition, according to reports, this area saw a 13.88% increase in appreciation rate over the past year - much higher than the 8.27% increase seen nationally. With its strong housing market and steady appreciation rates, Riceville is a great place for anyone looking to buy a home or invest in real estate.
The median home cost in Riceville (zip 37370) is $249,700. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Riceville (zip 37370) is up 22.8%.
Average Age of Homes
- The median age of Riceville (zip 37370) real estate is 31 years old
The Rental Market in Riceville (zip 37370)
- Renters make up 13.4% of the Riceville (zip 37370) population
- 0.0% of houses and apartments in Riceville (zip 37370), 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.