The housing market in Tullahoma, TN, 37388 is a healthy one. The median value of houses in the area is currently $245,300, which is lower than the US house median value of $338,100. However, the one-year house appreciation rate in Tullahoma is 13.88%, much higher than the 8.27% appreciation rate seen nationwide over the past year. This suggests that potential homebuyers may find good deals and investments in the area with housing values likely to continue appreciating over time.
The median home cost in Tullahoma (zip 37388) is $245,300. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Tullahoma (zip 37388) is up 22.8%.
Average Age of Homes
- The median age of Tullahoma (zip 37388) real estate is 41 years old
The Rental Market in Tullahoma (zip 37388)
- Renters make up 32.2% of the Tullahoma (zip 37388) population
- 2.0% of houses and apartments in Tullahoma (zip 37388), 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.