Housing in 38255 Sharon, TN is quite affordable compared to the US median value. The median housing value in 38255 Sharon, TN is $102,500, significantly lower than the US median of $338,100. Additionally, the one-year appreciation rate for housing in 38255 Sharon, TN is 18.32%, higher than the US 1 year appreciation rate of 8.27%. This means that home values have increased quickly in this area over the past year. Furthermore, this makes it an attractive option for potential buyers looking for an affordable place to live with rapid increases in home values.
The median home cost in Sharon (zip 38255) is $102,500. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Sharon (zip 38255) is up 25.8%.
Average Age of Homes
- The median age of Sharon (zip 38255) real estate is 51 years old
The Rental Market in Sharon (zip 38255)
- Renters make up 21.7% of the Sharon (zip 38255) population
- 0.0% of houses and apartments in Sharon (zip 38255), 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.