Zip 38063 (Ripley, TN) Housing


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Tennessee / No Metro Area / Lauderdale County / Ripley / Ripley (zip 38063)
The housing market in 38063 Ripley, TN is doing considerably well as the median value of homes in this area is $119,600. This is much lower than the US house median value of $338,100, but the one-year appreciation rate of 15.27% is substantially higher than the national average of 8.27%. This suggests that home values are increasing quickly and steadily in 38063 Ripley and investing in property here could prove to be a great opportunity for potential buyers.

The median home cost in Ripley (zip 38063) is $119,600. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Ripley (zip 38063) is up 20.2%.

Average Age of Homes
- The median age of Ripley (zip 38063) real estate is 38 years old
The Rental Market in Ripley (zip 38063)
- Renters make up 36.0% of the Ripley (zip 38063) population
- 2.5% of houses and apartments in Ripley (zip 38063), 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

  HousingRipley, TennesseeUnited States
  7,124.0139,647,020.0
  3742
  $119,600$338,100
  20.2%16.6%
  63.5%57.0%
  94.9%101.1%
  $7.78$10.98
  $787$2,690
  50.7%57.4%
  15.3%11.2%
  34.0%31.4%
  Vacant Housing
  2.5%1.9%
  0.7%0.4%
  0.9%0.7%
  0.0%0.4%
  2.5%3.6%
  8.7%4.1%
  Value of Owner-Occupied Housing
  6.1%2.6%
  6.8%2.4%
  9.6%2.8%
  13.2%3.9%
  13.8%4.5%
  20.7%11.3%
  15.9%13.0%
  8.4%20.1%
  3.2%13.6%
  1.1%8.3%
  1.0%9.7%
  0.2%3.9%
  0.0%2.2%
  0.0%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  18.9%13.6%
  18.9%13.6%
  17.8%13.6%
  15.0%13.2%
  17.2%14.8%
  17.8%13.6%
  6.1%10.0%
  4.3%4.7%
  5.9%12.2%
Commute

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.