The housing market in Petros, TN (37845) is booming! According to the US Census data, the median value for houses in Petros is $107,700. This is significantly lower than the national average of $338,100. However, the 1 year appreciation rate for homes in Petros is a whopping 21.68%, more than double the national rate of 8.27%. This makes it an ideal time to buy or sell a home in the area as market prices are likely to continue increasing at this fast rate.
The median home cost in Petros (zip 37845) is $107,700. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Petros (zip 37845) is up 27.0%.
Average Age of Homes
- The median age of Petros (zip 37845) real estate is 39 years old
The Rental Market in Petros (zip 37845)
- Renters make up 17.3% of the Petros (zip 37845) population
- 0.0% of houses and apartments in Petros (zip 37845), 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.