The housing market in Winchester, TN (37398) is thriving. The median value of homes is $295,500, which is far lower than the US median value of $338,100. Additionally, housing prices have appreciated by 13.88% in the last year, higher than the national average of 8.27%. This indicates that Winchester is a desirable location for potential homebuyers and investors alike. Home values are expected to continue to rise as more people look for housing in this area.
The median home cost in Winchester (zip 37398) is $295,500. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Winchester (zip 37398) is up 22.8%.
Average Age of Homes
- The median age of Winchester (zip 37398) real estate is 35 years old
The Rental Market in Winchester (zip 37398)
- Renters make up 21.3% of the Winchester (zip 37398) population
- 0.5% of houses and apartments in Winchester (zip 37398), 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.