Bean Station, TN


Highest Appreciating Bean Station Neighborhoods Since 2000

Bean Station, TN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Bean Station Housing Market Information

With a population of 3,087, 1,341 total housing units (homes and apartments), and a median house value of $90,955, house prices in Bean Station are some of the most affordable in Tennessee as well as the nation.

Single-family detached homes are the single most common housing type in Bean Station, accounting for 66.22% of the city's housing units. Other types of housing that are prevalent in Bean Station include mobile homes or trailers ( 30.72%), duplexes, homes converted to apartments or other small apartment buildings ( 2.21%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bean Station. Owner-occupied housing accounts for 79.19% of Bean Station's homes, and 68.07% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bean Station built from 1970 to 1999 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 Bean Station built between 1940-1969 ( 30.93%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.60%). There's also some housing in Bean Station built before 1939 ( 1.35%).

Bean Station Home Appreciation Rates

Appreciation rates for homes in Bean Station have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.56%, which ranks in the top 40% nationwide. This equates to an annual average Bean Station house appreciation rate of 0.54%.

NeighborhoodScout's data show that during the latest twelve months, Bean Station's appreciation rate, at 5.19%, has been at or slightly above the national average. In the latest quarter, Bean Station's appreciation rate has been 0.56%, which annualizes to a rate of 2.26%.

Relative to Tennessee, our data show that Bean Station's latest annual appreciation rate is higher than 60% of the other cities and towns in Tennessee.

Average Home Values


Median Home Value:

Bean Station, TN HOME PRICES

Value Range
> $1,085,000 0.7
$814,001 - $1,085,000 0.3
$543,001 - $814,000 0.3
$434,001 - $543,000 0.2
$326,001 - $434,000 4.0
$217,001 - $326,000 10.5
$109,001 - $217,000 30.5
$54,001 - $109,000 34.2
$0 - $54,000 19.2

Very Low for TN
Very Low for Nation

Value Relative to Nation Value Relative to State
83.3499355443572 86.4795918367347

Number Of Homes And Apartments:

Bean Station Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
38.54% 1.91% 6 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$707 / per month

Homeownership Rate

Owners 79.19
Renters 20.81
Vacant 4.42

Housing Market Details


Age of Homes

AGE OF Bean Station HOMES
2000 or Newer 19.6
1970 - 1999 48.1
1940 - 1969 30.9
1939 or Older 1.4

Types of Homes

TYPE OF Bean Station HOMES
Single-Family 66.2
Townhomes 0.0
Small Apt. Buildings 2.2
Apt. Complexes 0.4
Mobile Homes 30.7
Other 0.4

Home Size

SIZE OF Bean Station HOMES
No Bedroom 0.50
1 Bedroom 3.35
2 Bedrooms 28.08
3 Bedrooms 59.37
4 Bedrooms 8.70
5 or more bedrooms 0.00

Popular Neighborhoods in Bean Station

Zip Codes in Bean Station, TN