If you're looking for innovative real estate investing opportunities, Montgomery County, Tennessee is a great place to start. With a population of over 673,000, Montgomery County is the 37th most populous county in the state. The county seat is Clarksville, and other major cities include Murfreesboro and Franklin.
The real estate market in Montgomery County has been on the rise in recent years. The median home value in the county is $142,800, which is an increase of 6.4% over the past year. The median rent price in the county is $965, which is an increase of 3.7% over the past year.
There are a number of reasons why now is a great time to invest in Montgomery County real estate. The economy is strong and growing, with a low unemployment rate of 3.8%. The cost of living is relatively low compared to other parts of the country, and there are many amenities and attractions nearby that make it an attractive place to live.
If you're looking for an innovative real estate investment opportunity in Montgomery County, there are a few options to consider. One option is to invest in student housing near one of the county's colleges or universities. With a large student population, there is always demand for quality housing near campus. Another option is to invest in senior housing developments that cater to retirees who are looking for a retirement community with all the amenities they need nearby. Whatever type of investment you're interested in pursuing, Montgomery County has something to offer investors looking for opportunities outside the box.
Price Index: Clarksville, TN-KY