GNRC Economic Data Highlights - Sept 2021

Source: Zillow

Quality of Life: Home Value Over Time

Monthly Zillow Home Value Index, Jan 1996‐May 2021

350,000

300,000

$266,841

250,000

200,000

GNRC Region USA Tennessee

150,000

$97,982

100,000

50,000

These all outpace inflation , which had an annual average increase of 2.1% , while our home values have risen an average of 6.9% per year

Home values in our region have been steadily increasing since 1996, an overall increase of 172%, compared to 166% in the US and 141% in TN

38

Made with FlippingBook flipbook maker