The housing market in 37375 Sewanee, TN is looking very favorable compared to the rest of the US. The median value for a house in this area is $354,200 which is higher than the US median house value of $338,100. Additionally, the house appreciation rate in 37375 Sewanee, TN is significantly higher than the US average at 13.88% compared to 8.27%. This indicates that houses within this area are increasing in value faster than the national average and it may be a wise investment choice for those looking for a new home or an investment opportunity.
The median home cost in Sewanee (zip 37375) is $354,200. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Sewanee (zip 37375) is up 22.8%.
Average Age of Homes
- The median age of Sewanee (zip 37375) real estate is 39 years old
The Rental Market in Sewanee (zip 37375)
- Renters make up 29.6% of the Sewanee (zip 37375) population
- 0.0% of houses and apartments in Sewanee (zip 37375), 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.