The housing market in 38320 Camden, TN is thriving. According to the data provided, the median value of a house in the area is $151,700, significantly lower than the US median of $338,100. However, the appreciation rate of houses in this region is 19.25%, which is higher than the US average of 8.27%. This indicates that housing prices are likely on an upward trajectory and could provide an excellent opportunity for potential homebuyers looking to invest in real estate.
The median home cost in Camden (zip 38320) is $151,700. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Camden (zip 38320) is up 24.9%.
Average Age of Homes
- The median age of Camden (zip 38320) real estate is 38 years old
The Rental Market in Camden (zip 38320)
- Renters make up 20.0% of the Camden (zip 38320) population
- 1.6% of houses and apartments in Camden (zip 38320), 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.