Zip 37861 (Rutledge, TN) Housing

Rutledge, TN (37861) has an impressive median home value of $212,300, which is well above the US median home value of $338,100. This difference in value is even more pronounced when you consider the 1 year appreciation rate - while the national rate stands at 8.27%, Rutledge’s 1 year appreciation rate is 21.68%. This rapid increase in value attests to the strength of Rutledge’s housing market; it is a desirable location for potential homeowners looking to invest in real estate and get strong returns.

The median home cost in Rutledge (zip 37861) is $212,300. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Rutledge (zip 37861) is up 27.0%.

Average Age of Homes

- The median age of Rutledge (zip 37861) real estate is 29 years old

The Rental Market in Rutledge (zip 37861)

- Renters make up 17.2% of the Rutledge (zip 37861) population
- 1.1% of houses and apartments in Rutledge (zip 37861), 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	Rutledge, Tennessee	United States
	4,332.0	139,647,020.0
	30	42
	$212,300	$338,100
	27.0%	16.6%
	87.9%	57.0%
	114.6%	101.1%
	$5.79	$10.98
	$761	$2,690
	60.8%	57.4%
	20.8%	11.2%
	18.4%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.2%	0.4%
	9.8%	3.6%
	9.5%	4.1%
Value of Owner-Occupied Housing
	11.9%	2.6%
	3.8%	2.4%
	6.6%	2.8%
	11.6%	3.9%
	6.1%	4.5%
	15.6%	11.3%
	8.4%	13.0%
	14.2%	20.1%
	9.9%	13.6%
	4.5%	8.3%
	4.5%	9.7%
	2.1%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	17.3%	13.6%
	17.3%	13.6%
	25.7%	13.6%
	15.4%	13.2%
	12.8%	14.8%
	25.7%	13.6%
	3.3%	10.0%
	4.8%	4.7%
	6.4%	12.2%

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