The housing in Smithville, TN (37166) has been growing steadily over the past year. The median value of a house in this area is $247,400, which is lower than the US median house value of $338,100. However, it has seen a higher appreciation rate with 17.31% compared to the national average of 8.27%. This rapid growth is likely due to Smithville's proximity to Nashville and other major cities in Tennessee. As more people move into the area for work or leisure, demand for housing will increase and may result in even higher prices and appreciation rates in the future.
The median home cost in Smithville (zip 37166) is $247,400. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Smithville (zip 37166) is up 25.7%.
Average Age of Homes
- The median age of Smithville (zip 37166) real estate is 33 years old
The Rental Market in Smithville (zip 37166)
- Renters make up 25.9% of the Smithville (zip 37166) population
- 1.9% of houses and apartments in Smithville (zip 37166), 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.