Chuckey, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Chuckey Neighborhoods Since 2000




Chuckey, 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

Chuckey Housing Market Information

With a population of 8,376, 1,890 total housing units (homes and apartments), and a median house value of $108,756, house prices in Chuckey are solidly below the national average.

Single-family detached homes are the single most common housing type in Chuckey, accounting for 68.78% of the town's housing units. Other types of housing that are prevalent in Chuckey include mobile homes or trailers ( 29.15%), duplexes, homes converted to apartments or other small apartment buildings ( 1.41%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chuckey. Owner-occupied housing accounts for 76.03% of Chuckey's homes, and 62.33% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chuckey 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 Chuckey built between 1940-1969 ( 13.96%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.71%). There's also some housing in Chuckey built before 1939 ( 12.28%).

Vacant housing appears to be an issue in Chuckey. Fully 12.21% of the housing stock is classified as vacant. Left unchecked, vacant Chuckey homes and apartments can be a drag on the real estate market, holding Chuckey 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.

Chuckey Home Appreciation Rates

Real estate appreciation rates in Chuckey's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.24% during the period.

Over the last year, Chuckey appreciation rates have trailed the rest of the nation. In the last twelve months, Chuckey's appreciation rate has been 0.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Chuckey were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Tennessee, our data show that Chuckey's latest annual appreciation rate is lower than 90% of the other cities and towns in Tennessee.

Average Home Values

 

Median Home Value:
$108,756

Chuckey, TN HOME PRICES

Value Range
> $1,014,000 0.3
$761,001 - $1,014,000 0.5
$507,001 - $761,000 1.2
$406,001 - $507,000 0.7
$304,001 - $406,000 5.8
$203,001 - $304,000 9.9
$101,001 - $203,000 29.2
$51,001 - $101,000 31.1
$0 - $51,000 21.4

Low for TN
Low for Nation

Value Relative to Nation Value Relative to State
72.1082854799016 64.030612244898

Number Of Homes And Apartments:
1,890

Chuckey 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
27.54% 1.42% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$838 / per month

Homeownership Rate

Homeownership
Owners 76.03
Renters 23.97
Vacant 12.21

Housing Market Details

 

Age of Homes

AGE OF Chuckey HOMES
2000 or Newer 12.7
1970 - 1999 61.1
1940 - 1969 14.0
1939 or Older 12.3

Types of Homes

TYPE OF Chuckey HOMES
Single-Family 68.8
Townhomes 0.0
Small Apt. Buildings 1.4
Apt. Complexes 0.4
Mobile Homes 29.2
Other 0.3

Home Size

SIZE OF Chuckey HOMES
No Bedroom 0.00
1 Bedroom 4.38
2 Bedrooms 32.00
3 Bedrooms 51.82
4 Bedrooms 10.51
5 or more bedrooms 1.29