The housing in 38381 Toone, TN is a great investment opportunity. The median value of housing in the area is $127,200, which is much lower than the US house median value of $338,100. This provides an excellent potential for appreciation due to the affordable cost compared to other areas. In addition, the one year house appreciation for 38381 Toone was 19.25%, which is significantly higher than the US appreciation rate of 8.27%. If you're looking for a great investment opportunity in real estate, then 38381 Toone may be a great place to consider.
The median home cost in Toone (zip 38381) is $127,200. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Toone (zip 38381) is up 24.9%.
Average Age of Homes
- The median age of Toone (zip 38381) real estate is 39 years old
The Rental Market in Toone (zip 38381)
- Renters make up 23.8% of the Toone (zip 38381) population
- 0.5% of houses and apartments in Toone (zip 38381), 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.