The housing median value in Sweetwater, TN (37874) is $210,000, which is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate in Sweetwater is 21.68%, while the US average for 1 year house appreciation rate is 8.27%. This indicates that Sweetwater has seen a dramatic increase in housing values over the last year. This makes Sweetwater an attractive destination for investors and homeowners alike looking for a potential return on investment.
The median home cost in Sweetwater (zip 37874) is $210,000. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Sweetwater (zip 37874) is up 27.0%.
Average Age of Homes
- The median age of Sweetwater (zip 37874) real estate is 34 years old
The Rental Market in Sweetwater (zip 37874)
- Renters make up 24.1% of the Sweetwater (zip 37874) population
- 0.5% of houses and apartments in Sweetwater (zip 37874), 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.