Housing in 38352 Luray, TN is a great investment right now, as the median house value in that area is $132,200 - far lower than the US House Median Value of $338,100. Moreover, the 1 year house appreciation rate in this area has been 19.25%, which is much higher than the national average of 8.27%. Therefore, investing in housing in 38352 Luray, TN could potentially yield greater returns for prospective buyers.
The median home cost in Luray (zip 38352) is $132,200. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Luray (zip 38352) is up 24.9%.
Average Age of Homes
- The median age of Luray (zip 38352) real estate is 21 years old
The Rental Market in Luray (zip 38352)
- Renters make up 24.5% of the Luray (zip 38352) population
- 0.0% of houses and apartments in Luray (zip 38352), 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.