The housing market in 37186 Westmoreland, TN is thriving compared to the national average. According to the given information, the median value of housing in 37186 Westmoreland, TN is $206,500 while the US house median value is $338,100. Additionally, the 1 year house appreciation rate for this area is 17.31%, which is much higher than the US 1 year house appreciation rate of 8.27%. This data indicates an active and growing housing market in 37186 Westmoreland, TN that has made it a desirable place to live for many people.
The median home cost in Westmoreland (zip 37186) is $206,500. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Westmoreland (zip 37186) is up 25.7%.
Average Age of Homes
- The median age of Westmoreland (zip 37186) real estate is 35 years old
The Rental Market in Westmoreland (zip 37186)
- Renters make up 20.3% of the Westmoreland (zip 37186) population
- 0.8% of houses and apartments in Westmoreland (zip 37186), 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.