If you’re wondering if now is the best time to buy a
family home, you should consider purchasing a property in Tennessee. Despite the real estate industry fluctuations, Tennessee has a growing housing market - and for a good reason, too! Consider these five top reasons why buying a home in Tennessee could be a great investment for your family.
Live the Best Quality of Life in Tennessee
Enjoying Tennesee’s mild weather, lower cost of living, affordable housing, great schools, and thriving job market will contribute to a great quality of life.
If you love the change of seasons but not extreme temperatures, you’ll love Tennessee. Experience the magic of all four seasons without enduring unbearable temperatures in Tennessee. With average winter highs of 49 degrees Fahrenheit and summer highs of 89 degrees, experience the crisp air and stunning fall foliage. Winters offer just the right amount of chill without the harsh frigidness.
Taxes are low in Tennessee! With its tax-friendly policies,
Tennessee has become an ideal state for those seeking to maximize their financial resources. Salaries and wages are exempt from state income taxes, while property taxes remain low, averaging at 0.56% according to SmartAsset, which is nearly half the national average. And while there is a flat tax on interest dividends for stocks and bonds, the Tennessee Legislature is actively working to reduce this tax further, making it an even more attractive option for financially savvy individuals.
Quality education is highly valued in the Volunteer State, making Tennessee a great place to raise a family.
The top-rated school districts for families with young children in Tennessee (according to Niche.Com) are:
- Germantown Municipal School District, Germantown, TN
- Johnson City Schools, Johnson City, TN
- Kingsport City Schools, Kingsport, TN
- Maryville City Schools, Maryville, TN
- Saint Matthew Catholic School in Franklin, TN
- Williamson County Schools, Franklin, TN
Tennessee also is home to some of the country’s top-rated universities and colleges:
- Belmont University
- Maryville College
- Rhodes College
- The University of the South
- University of Memphis
- University of Tennessee
- Vanderbilt University
The natural scenic beauty of the Great Smoky Mountains and a subrange of the Appalachian Mountains of Tennessee will quiet your soul and draw those who love the outdoors. Discovering Tennessee's vast array of outdoor activities will make you realize that moving to Tennessee isn't just a possibility, it's a dream waiting to be fulfilled. With breathtaking hiking trails, stunning waterfalls, picturesque scenic drives, and serene camping areas, Tennessee will beckon you to make it your forever home.
And if you’re looking for a city with ‘small town charm’, you will find that Paris, TN offers an unparalleled level of comfort that is hard to come by in larger cities. In addition to its warm and inviting community, Paris, TN boasts stunning natural beauty, a low cost of living, and a rich cultural heritage that make it
the perfect place to call home. With top-rated schools, a thriving economy, and a range of recreational activities available year-round, it's no wonder that Paris, TN consistently ranks as one of the most notable small towns to live in America.
Steady Growth in Tennessee's Real Estate Market
The real estate market in Tennessee has been booming, with a steady growth trajectory that has continued unabated through 2022 and into 2023, despite the challenges posed by the tumultuous year of 2020. Thanks to the strong job growth and rock-bottom unemployment rates in the Volunteer State, the real estate market in Tennessee has remained resilient and is showing no signs of slowing down any time soon.
Both Paris and Camden, TN are experiencing exciting growth in their real estate markets.
In Paris, the demand for homes is on the rise, with new construction projects and existing properties selling quickly. The city's small-town charm, low cost of living, and close proximity to major urban centers make it an attractive destination for homebuyers looking for a quiet, comfortable lifestyle.
Meanwhile, Camden's real estate market is also seeing growth, with an influx of new residents moving to the area to take advantage of the town's natural beauty and outdoor recreational opportunities. With a range of properties available at affordable prices and a strong local economy, both Paris and Camden are poised for continued growth in the real estate market in the years to come.
Don't miss out on the opportunity to snag your
dream home in Tennessee
at an incredible price! Although home sales dipped by 35.1% in February 2023, the median sale price has skyrocketed by 6.6%. Your best investment opportunity has arrived. Act fast and consult with your trusted real estate agent to take advantage of the current market conditions and secure a fantastic deal on a beautiful home for you and your family in Tennessee.
Find Affordable Housing in TN State
Historically, Tennessee has been rated in the top ten of the most affordable states. In 2021, a study by the World Population Review rated Tennessee as the “country’s sixth cheapest state to live in.” That makes moving to Tennessee attractive indeed – especially when you discover the strong job market.
Paris and Camden, TN are excellent choices for homebuyers looking for affordable housing options. In Paris, the cost of living is lower than many other cities, and the real estate market offers a range of properties at affordable prices. Many homes in the area are priced below the national average, making it an attractive destination for first-time homebuyers and those looking to invest in a second property. Similarly, Camden's real estate market offers a variety of affordable housing options, including single-family homes and townhouses. The area's low cost of living, coupled with its strong community spirit and welcoming atmosphere, make it an ideal place to call home.
With a range of affordable
housing options available in both Paris and Camden, TN, it's easy to find a property that fits your budget and meets your needs. A knowledgeable local realtor will direct you to the best locations for affordable housing in safe communities with good schools.
Tennessee Has Some of the Best Destinations
Bring your smile and a song for the banjo because the music in Tennessee is incredible. Music legions like Johnny Cash, Dolly Parton, B.B. King, and Hank Williams have a legacy here in Tennessee. Nashville has been dubbed “Music City” because of the ongoing music festivals, venues, and live performances. Even if country music isn’t your thing, the entire state offers amazing music in all genres, including rock and roll, bluegrass, soul, rhythm, and blues. The top destinations for music lovers are Nashville and Memphis, Tennessee.
The Smoky Mountains are calling your name, and you must go. Dress in layers to accommodate temperature changes and let the scenery take your breath away.
Tennessee has the best destinations for foodies. Savor the famous foods from Tennessee, including Memphis Pulled Pork, Nashville Hot Chicken, Fried Pies, Memphis Dry Rub Ribs Moon Pies, Stack cake, cornbread, Tennessee Whisky, and so much more. Enjoy world-class fine dining at places like Blackberry Farms in Walland, TN.
The entire family will have a blast at the most friendly and absolutely fun Dollywood Theme Park in Pigeon Forge, TN. Hike to view the stunning waterfalls in Rock Island State Park or take in some civil war history at Shiloh National Military Park.
Paris, TN is home to a variety of attractions that offer something for everyone. One of the most popular destinations is the Eiffel Tower Park, a replica of the famous Parisian landmark that stands at 60 feet tall and is surrounded by beautiful gardens and walking trails. Other popular attractions include the Paris Landing State Park, which offers boating, fishing, and hiking opportunities, and the Paris Winery, which produces award-winning wines and offers tastings and tours. Whether you're interested in history, outdoor recreation, or simply relaxing and enjoying the beauty of the area, Paris, TN has plenty of attractions to explore.
Camden, TN is a small town with a big heart and a wealth of attractions for visitors and residents alike. One of the most popular destinations is the Tennessee River Freshwater Pearl Farm, where visitors can learn about the unique process of cultivating freshwater pearls and browse a wide selection of pearl jewelry. In addition, Camden hosts several annual events, including the Benton County Fair. With its scenic beauty, rich history, and lively cultural scene, Camden, TN is a must-visit destination in West Tennessee.
There are SO many fun destinations to explore and enjoy in Tennessee.
TN Offers a Strong Job Market
The quality of life in Tennessee is great because the job market is thriving. Music City is rated as the second-best job market in the country, and that’s why Nashville has one of the lowest unemployment rates in the US. Tennessee attracts large companies to the state, such as FedEx, Dollar General, HCA Healthcare, Cracker Barrel, LifePoint Health, and others you will recognize. Big companies are attracted to Tennessee for the same reasons you may be:
- Many businesses
- Tax-friendly state
- Talented people
- Focus on good education
Tennessee attracts great people and amazing industries to her state, which
boosts the real estate market
and will benefit buyers looking for a single-family home.
Don't Wait - Start Looking for Your New Home in Tennessee with Landmark Realty TN Today!
Tennessee is a great place to live! Tennessee is a beautiful state where the best quality of life can be realized. The weather is mild, the economy is good, and educational opportunities abound. There are amazing attractions and outdoor activities to enrich your life in Tennessee. The strong real estate industry in Tennessee is great for investors. Affordable housing with a strong job market makes Tennessee a great place to live.
Landmark Realty is here to help you find the best home according to your needs and budget. Now is the best time to
buy a home in Tennessee, and with our knowledge, experience, and customer service, your home-buying experience will be enjoyable. Call today:
