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CROSSVILLE, COOKEVILLE AMONG 4 TENNESSEE CITIES YAHOO FINANCE PREDICTS WILL HAVE FAST RISING HOME PRICES

Yahoo Finance is predicting that in less than a decade, you won’t be able to afford to buy a home in these four Tennessee cities.

Crossville, Tennessee

  • January 2022 home value: $262,886
  • One-year projected growth rate: 24.1%

In 12,000-resident Crossville, residents can test their physical and mental skills. Known as the Golf Capital of Tennessee, it has nine courses.

When It Will Become Too Expensive

  • Year: 2026
  • Projected home value: $623,526
  • U.S. median projected home value: $616,565
  • Difference in value: $6,961

Cookeville, Tennessee

  • January 2022 home value: $262,204
  • One-year projected growth rate: 22.4%

Incorporated in 1903, Cookeville sits almost midway between two of Tennessee’s biggest cities – 101 miles west of Knoxville and 79 miles east of Nashville. Fun fact: According to the local visitors bureau, Cookeville is within a day’s drive of 75% of the nation’s population.

When it Will Become Too Expensive

  • Year: 2028
  • Projected home value: $881,714
  • U.S. median projected home value: $848,350
  • Difference in value: $33,364

Clarksville, Tennessee

  • January 2022 home value: $270,758
  • One-year projected growth rate: 20%

Clarksville is about an hour’s drive north of Nashville and is located just south of the Kentucky border. About 167,000 people live there, and the average age of residents is 29, the city reports.

When It Will Become Too Expensive

  • Year: 2031
  • Projected home value: $1,397,052
  • U.S. median projected home value: $1,369,207
  • Difference in value: $27,845

Knoxville, Tennessee

  • January 2022 home value: $299,342
  • One-year projected growth rate: 23.1%

When It Will Become Too Expensive

  • Year: 2024
  • Projected home value: $453,611
  • U.S. median projected home value: $448,108
  • Difference in value: $5,503

 

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