The housing market in Wartrace, TN (37183) is performing well with a median value of $314,200 and an appreciation rate of 17.31% over the past year. This exceeds the US average median value of $338,100 and 8.27% appreciation rate respectively. Consequently, this indicates that the housing market in Wartrace is growing at a much faster than average pace. A potential buyer in Wartrace can expect to find real estate with competitive prices and strong potential for growth in equity value.
The median home cost in Wartrace (zip 37183) is $314,200. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Wartrace (zip 37183) is up 25.7%.
Average Age of Homes
- The median age of Wartrace (zip 37183) real estate is 31 years old
The Rental Market in Wartrace (zip 37183)
- Renters make up 12.5% of the Wartrace (zip 37183) population
- 5.2% of houses and apartments in Wartrace (zip 37183), 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.