Hohenwald, TN is an attractive area for those looking to invest in real estate. The median housing value in the city is significantly lower than the US median at $191,000 compared to $338,100. However, house appreciation over the past year has been much higher in Hohenwald at 19.43%, almost double the national figure of 8.27%. This rise means that there are opportunities for investors to make a good return on their investments in Hohenwald real estate.
The median home cost in Hohenwald is $191,000. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Hohenwald is up 26.6%.
Average Age of Homes
- The median age of Hohenwald real estate is 46 years old
The Rental Market in Hohenwald
- Renters make up 34.7% of the Hohenwald population
- 3.4% of houses and apartments in Hohenwald, 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.