The housing market in New Tazewell, TN (37825) is thriving. The median value of a house in this area is $191,600, which is substantially lower than the US median value of $338,100. The 1 year appreciation rate of houses in this area is an impressive 21.68%, significantly higher than the 8.27% US average. This indicates that investing in housing in New Tazewell could be a great option for those looking to capitalize on a growing market.
The median home cost in New Tazewell (zip 37825) is $191,600. Home appreciation the last 10 years has been 114.6%. Home Appreciation in New Tazewell (zip 37825) is up 27.0%.
Average Age of Homes
- The median age of New Tazewell (zip 37825) real estate is 27 years old
The Rental Market in New Tazewell (zip 37825)
- Renters make up 25.9% of the New Tazewell (zip 37825) population
- 1.7% of houses and apartments in New Tazewell (zip 37825), 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.