Zip 38237 (Martin, TN) Housing

The housing in 38237 Martin, TN is an attractive option for many potential buyers. The median value of housing in the area is $168,900, which is much lower than the US median value of $338,100. In addition to the low cost of entry into this market, housing prices in this area have seen a higher rate of appreciation than the national average over the past year—18.32% compared to 8.27%. This makes investing in real estate here a great opportunity for anyone looking to build equity quickly or make a strong return on their investment.

The median home cost in Martin (zip 38237) is $168,900. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Martin (zip 38237) is up 25.8%.

Average Age of Homes

- The median age of Martin (zip 38237) real estate is 38 years old

The Rental Market in Martin (zip 38237)

- Renters make up 40.5% of the Martin (zip 38237) population
- 2.0% of houses and apartments in Martin (zip 38237), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Martin, Tennessee	United States
	6,644.0	139,647,020.0
	40	42
	$168,900	$338,100
	25.8%	16.6%
	83.2%	57.0%
	114.7%	101.1%
	$5.20	$10.98
	$796	$2,690
	50.1%	57.4%
	13.1%	11.2%
	36.8%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	10.4%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	4.6%	2.4%
	5.5%	2.8%
	7.5%	3.9%
	11.9%	4.5%
	15.8%	11.3%
	17.3%	13.0%
	20.9%	20.1%
	7.6%	13.6%
	1.9%	8.3%
	3.0%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	16.5%	13.6%
	13.9%	13.2%
	18.5%	14.8%
	16.5%	13.6%
	8.6%	10.0%
	1.8%	4.7%
	6.9%	12.2%

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