The housing market in 38581 Rock Island, TN is doing exceptionally well. According to the data, the median value of homes in this area is $198,900, which is significantly lower than the US median value of $338,100. However, when it comes to home appreciation over the past year, Rock Island homes have appreciated 19.24%, much higher than the US average of 8.27%. This trend shows thatRock Island housing is becoming increasingly sought-after and desirable - a great sign if you're considering buying a home in this area.
The median home cost in Rock Island (zip 38581) is $198,900. Home appreciation the last 10 years has been 111.1%. Home Appreciation in Rock Island (zip 38581) is up 25.2%.
Average Age of Homes
- The median age of Rock Island (zip 38581) real estate is 37 years old
The Rental Market in Rock Island (zip 38581)
- Renters make up 14.4% of the Rock Island (zip 38581) population
- 1.7% of houses and apartments in Rock Island (zip 38581), 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.