Brentwood appreciation rates and housing market information

Brentwood housing market information

With a population of 35,608, 15,233 total housing units (homes and apartments), and a median house value of $463,392, Brentwood house prices are not only among the most expensive in Tennessee, Brentwood real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Brentwood, accounting for 73.18% of the town's housing units. Other types of housing that are prevalent in Brentwood include large apartment complexes or high rise apartments (13.23%), row houses and other attached homes (10.10%), and a few duplexes, homes converted to apartments, or other small apartment buildings (3.41%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Brentwood. Owner-occupied housing accounts for 78.24% of Brentwood's homes, and 68.38% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brentwood built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Brentwood built from 1995 and later (26.23%). A lesser amount of the housing stock also hails from 1940-1969 (16.78%), and some were built from 1939 and earlier (16.78%).

Brentwood home appreciation rates

Real estate appreciation rates in Brentwood have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 7.57% during the period.

NeighborhoodScout's data show that during the latest twelve months, Brentwood home appreciation rates, at 2.38%, have been at or slightly above the national average. In the latest quarter, Brentwood's appreciation rate has been -0.18%, which annualizes to a rate of -0.72%.

Relative to Tennessee, our data show that Brentwood's latest annual appreciation rate is higher than 30% of the other cities and towns in Tennessee.