The housing market in 37871 Strawberry Plains, TN is quite remarkable when compared to the national average. The median value of housing in 37871 Strawberry Plains, TN is just over $246,200, which is significantly lower than the US house median value of $338,100. However, while the US house appreciation rate over the past year has been 8.27%, the house appreciation rate in 37871 Strawberry Plains, TN was 21.68%, showing a strong trend in increased housing values in that area. This makes37871 Strawberry Plains an excellent option for anyone looking to invest in real estate.
The median home cost in Strawberry Plains (zip 37871) is $246,200. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Strawberry Plains (zip 37871) is up 27.0%.
Average Age of Homes
- The median age of Strawberry Plains (zip 37871) real estate is 32 years old
The Rental Market in Strawberry Plains (zip 37871)
- Renters make up 16.8% of the Strawberry Plains (zip 37871) population
- 0.5% of houses and apartments in Strawberry Plains (zip 37871), 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.