The housing market in Tallassee, TN (37878) is robust and thriving. The median value for housing in this area is currently $197,700. This is much lower than the national median value of $338,100, making it an attractive option for potential home buyers. Moreover, the appreciation rate of homes in this area has been positive with a one year appreciation rate of 21.68% which far outpaces the national rate of 8.27%. The strong appreciation indicates that the housing market in Tallassee, TN is healthy and should continue to be a desirable option for potential home buyers in the future.
The median home cost in Tallassee (zip 37878) is $197,700. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Tallassee (zip 37878) is up 27.0%.
Average Age of Homes
- The median age of Tallassee (zip 37878) real estate is 27 years old
The Rental Market in Tallassee (zip 37878)
- Renters make up 12.7% of the Tallassee (zip 37878) population
- 4.2% of houses and apartments in Tallassee (zip 37878), 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.