The housing market in Whitesburg, TN (37891) has been particularly booming lately. The median house value is currently $202,000, significantly lower than the national median of $338,100. However, the 1 year appreciation rate in Whitesburg is 21.68%, almost double that of the US average at 8.27%. This suggests that investments in Whitesburg are likely to be rewarded with a greater return faster than elsewhere in the country. With this level of growth and relatively low prices compared to the national average, now is an excellent time to invest in real estate in Whitesburg, TN.
The median home cost in Whitesburg (zip 37891) is $202,000. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Whitesburg (zip 37891) is up 27.0%.
Average Age of Homes
- The median age of Whitesburg (zip 37891) real estate is 35 years old
The Rental Market in Whitesburg (zip 37891)
- Renters make up 23.9% of the Whitesburg (zip 37891) population
- 1.0% of houses and apartments in Whitesburg (zip 37891), 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.