The housing market in Powder Springs, TN (37848) is a booming one. With a median value of $193,100, it's almost 46% less than the US median value of $338,100. However, the 1 year appreciation rate for houses in this area is 21.68%, significantly higher than the US average of 8.27%. This indicates that the housing market in Powder Springs is seeing rapid growth and could be an attractive investment option for anyone looking to buy or sell property in this area.
The median home cost in Powder Springs (zip 37848) is $193,100. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Powder Springs (zip 37848) is up 27.0%.
Average Age of Homes
- The median age of Powder Springs (zip 37848) real estate is 78 years old
The Rental Market in Powder Springs (zip 37848)
- Renters make up 0.0% of the Powder Springs (zip 37848) population
- 0.0% of houses and apartments in Powder Springs (zip 37848), 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.