City:

Obion, TN

Obion is a city in the state of tennessee with a population of roughly 2,472. It is in Obion County, Tennessee the Union City, TN-KY core-based statistical areas (CBSA), and the Martin-Union City, TN-KY combined statistical area (CSA).Its Zip codes include 38240 .

Trends in Home Prices in Obion, Tennessee

Obion is a small town located in the southeastern corner of Tennessee. The population was just over 2,000 in 2010. Obion is home to a number of businesses and industries, but the mainstay of the economy is real estate. There are a number of reasons for this. First, Obion is located in an area that is growing rapidly. Second, Obion has a lot of land available for development. Finally, there are a number of attractive homes and properties for sale in Obion.

Real estate in Obion has been booming for the past few years. In fact, according to the US Census Bureau, the median price of homes sold in Obion increased by more than 50% between 2007 and 2010! This growth has been particularly pronounced in recent months as prices have continued to rise even further.

There are a number of reasons why real estate prices have increased so much in Obion over the past few years. First and foremost, there is rapid population growth within close proximity to town which means that there are more potential buyers looking to purchase property here. Additionally, there are plenty of new developments being built within close proximity to town which means that there are more homes available for sale at higher prices than ever before. Finally, many homeowners who were looking to downsize or relocate have found that they can do so quite easily within close proximity to town thanks to all of the new construction happening here on an ongoing basis!

Get Started