Chapmansboro, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Chapmansboro Neighborhoods Since 2000




Chapmansboro, 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

Chapmansboro Housing Market Information

With 8,891 people, 1,557 houses or apartments, and a median cost of homes of $133,000, house prices in Chapmansboro are solidly below the national average.

Single-family detached homes are the single most common housing type in Chapmansboro, accounting for 82.23% of the town's housing units. Other types of housing that are prevalent in Chapmansboro include mobile homes or trailers ( 17.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chapmansboro. Owner-occupied housing accounts for 83.00% of Chapmansboro's homes, and 80.17% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chapmansboro 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 Chapmansboro built between 2000 and later ( 21.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.04%). There's also some housing in Chapmansboro built before 1939 ( 6.01%).

Vacant housing appears to be an issue in Chapmansboro. Fully 10.72% of the housing stock is classified as vacant. Left unchecked, vacant Chapmansboro homes and apartments can be a drag on the real estate market, holding Chapmansboro real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Chapmansboro Home Appreciation Rates

Real estate appreciation rates in Chapmansboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.66% during the period.

Over the last year, Chapmansboro appreciation rates have trailed the rest of the nation. In the last twelve months, Chapmansboro's appreciation rate has been 2.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Chapmansboro were at -1.33%, which equates to an annual appreciation rate of -5.22%.

Notably, Chapmansboro's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Tennessee, our data show that Chapmansboro's latest annual appreciation rate is lower than 70% of the other cities and towns in Tennessee.

Average Home Values

 

Median Home Value:
$133,000

Chapmansboro, TN HOME PRICES

Value Range
> $1,044,000 0.5
$783,001 - $1,044,000 0.4
$522,001 - $783,000 2.4
$418,001 - $522,000 2.5
$313,001 - $418,000 5.3
$209,001 - $313,000 11.8
$105,001 - $209,000 40.3
$52,001 - $105,000 28.4
$0 - $52,000 8.3

Average for TN
Average for Nation

Value Relative to Nation Value Relative to State
58.2854799015587 41.0714285714286

Number Of Homes And Apartments:
1,557

Chapmansboro Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TN*
Compared To
America*
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
7.58% 0.42% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$849 / per month

Homeownership Rate

Homeownership
Owners 83.00
Renters 17.00
Vacant 10.72

Housing Market Details

 

Age of Homes

AGE OF Chapmansboro HOMES
2000 or Newer 21.6
1970 - 1999 56.3
1940 - 1969 16.0
1939 or Older 6.0

Types of Homes

TYPE OF Chapmansboro HOMES
Single-Family 82.2
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.6
Mobile Homes 17.2
Other 0.0

Home Size

SIZE OF Chapmansboro HOMES
No Bedroom 0.00
1 Bedroom 2.92
2 Bedrooms 15.47
3 Bedrooms 68.03
4 Bedrooms 12.14
5 or more bedrooms 1.44