The housing market in 37885 Vonore, TN is very strong. The median value of a home in this area is $391,300 which is significantly higher than the US median value of $338,100. According to recent data, house appreciation in Vonore has been increasing rapidly with one year appreciation at 21.68%, more than double the national average of 8.27%. This indicates a very healthy and vibrant housing market that could be a great investment opportunity for potential homeowners.
The median home cost in Vonore (zip 37885) is $391,300. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Vonore (zip 37885) is up 27.0%.
Average Age of Homes
- The median age of Vonore (zip 37885) real estate is 22 years old
The Rental Market in Vonore (zip 37885)
- Renters make up 18.2% of the Vonore (zip 37885) population
- 0.6% of houses and apartments in Vonore (zip 37885), 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.