Zip 37870 (Speedwell, TN) Housing

The housing market in 37870 Speedwell, TN is quite strong. The median value of the homes in this area is $171,600, significantly lower than the US house median value of $338,100. However, it has experienced a much larger house appreciation rate of 21.68% over the last year compared to the US 1 year house appreciation rate of 8.27%. This demonstrates that 37870 Speedwell is seeing strong growth in its housing market and could be a great place to invest in real estate.

The median home cost in Speedwell (zip 37870) is $171,600. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Speedwell (zip 37870) is up 27.0%.

Average Age of Homes

- The median age of Speedwell (zip 37870) real estate is 28 years old

The Rental Market in Speedwell (zip 37870)

- Renters make up 16.2% of the Speedwell (zip 37870) population
- 2.3% of houses and apartments in Speedwell (zip 37870), 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	Speedwell, Tennessee	United States
	2,422.0	139,647,020.0
	35	42
	$171,600	$338,100
	27.0%	16.6%
	87.9%	57.0%
	114.6%	101.1%
	$5.41	$10.98
	$630	$2,690
	62.2%	57.4%
	23.3%	11.2%
	14.5%	31.4%
Vacant Housing
	2.3%	1.9%
	0.0%	0.4%
	3.6%	0.7%
	0.0%	0.4%
	4.5%	3.6%
	12.9%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	12.3%	2.4%
	7.0%	2.8%
	18.5%	3.9%
	4.0%	4.5%
	11.6%	11.3%
	13.5%	13.0%
	15.9%	20.1%
	9.4%	13.6%
	0.3%	8.3%
	3.0%	9.7%
	2.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.8%	13.6%
	16.8%	13.6%
	22.1%	13.6%
	15.6%	13.2%
	14.3%	14.8%
	22.1%	13.6%
	6.4%	10.0%
	3.5%	4.7%
	10.4%	12.2%

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