The housing market in Baxter, TN (38544) is booming! According to recent data, the housing median value in the area is $252,400 - significantly lower than the national house median value of $338,100. However, the 1 year house appreciation rate within Baxter is 19.24%, more than twice the national rate of 8.27%. This could be an ideal time for those looking to invest in real estate in this area as it is a much more affordable option compared to other parts of the country and has a great potential for growth.
The median home cost in Baxter (zip 38544) is $252,400. Home appreciation the last 10 years has been 111.1%. Home Appreciation in Baxter (zip 38544) is up 25.2%.
Average Age of Homes
- The median age of Baxter (zip 38544) real estate is 35 years old
The Rental Market in Baxter (zip 38544)
- Renters make up 17.2% of the Baxter (zip 38544) population
- 0.7% of houses and apartments in Baxter (zip 38544), 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.