The housing market in Ardmore, TN is booming, with the median value of homes currently at $225,900, much lower than the US median value of $338,100. In addition to this price difference, the house appreciation over the last year has been 19.43%, much higher than the national average of 8.27%. This higher rate of appreciation means that Ardmore is an incredibly desirable location for homeowners looking for a great deal on their next home purchase.
The median home cost in Ardmore is $225,900. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Ardmore is up 26.6%.
Average Age of Homes
- The median age of Ardmore real estate is 39 years old
The Rental Market in Ardmore
- Renters make up 28.8% of the Ardmore population
- 1.8% of houses and apartments in Ardmore, 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.