Housing in 37854 Rockwood, TN is a great investment for a variety of reasons. The median value of housing in the area is $185,500, which is much lower than the US House Median Value of $338,100. Additionally, over the last year the house appreciation rate for Rockwood has been 21.68%, significantly higher than the national average of 8.27%. This appreciation is evidence that housing in Rockwood can be an excellent investment and should be taken into consideration when making any real estate decisions.
The median home cost in Rockwood (zip 37854) is $185,500. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Rockwood (zip 37854) is up 27.0%.
Average Age of Homes
- The median age of Rockwood (zip 37854) real estate is 40 years old
The Rental Market in Rockwood (zip 37854)
- Renters make up 25.7% of the Rockwood (zip 37854) population
- 1.9% of houses and apartments in Rockwood (zip 37854), 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.