The housing market in the 37167 Smyrna, TN area is booming. The median value of homes in this area is $377,700, which is much higher than the US median value of $338,100. In the last year alone, appreciation for houses in this area was an impressive 17.31%, which is more than double the US average appreciation rate of 8.27%. This indicates that the housing market in Smyrna is especially strong and offers a great opportunity for homeowners to make considerable returns on their investments.
The median home cost in Smyrna (zip 37167) is $377,700. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Smyrna (zip 37167) is up 25.7%.
Average Age of Homes
- The median age of Smyrna (zip 37167) real estate is 23 years old
The Rental Market in Smyrna (zip 37167)
- Renters make up 27.9% of the Smyrna (zip 37167) population
- 1.9% of houses and apartments in Smyrna (zip 37167), 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.