Dickson, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Dickson Neighborhoods Since 2000




Dickson, TN Real Estate Data


Dickson Housing Market Information

With a population of 15,359, 5,679 total housing units (homes and apartments), and a median house value of $175,099, Dickson real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Dickson, accounting for 64.95% of the city's housing units. Other types of housing that are prevalent in Dickson include large apartment complexes or high rise apartments ( 20.95%), duplexes, homes converted to apartments or other small apartment buildings ( 9.12%), and a few row houses and other attached homes ( 2.58%).

The most prevalent building size and type in Dickson are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.88% owning and 44.12% renting.

There is a lot of housing in Dickson 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 Dickson built between 1940-1969 ( 19.76%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.09%). There's also some housing in Dickson built before 1939 ( 5.03%).

Dickson Home Appreciation Rates

Appreciation rates for homes in Dickson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.12%, which ranks in the top 40% nationwide. This equates to an annual average Dickson house appreciation rate of 1.06%.

Appreciation rates are so strong in Dickson that despite a nationwide downturn in the housing market, Dickson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dickson appreciation rates continue to be some of the highest in America, at 7.09%, which is higher than appreciation rates in 85.40% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dickson. Dickson appreciation rates in the latest quarter were at 3.39%, which equates to an annual appreciation rate of 14.27%.

Importantly, this makes Dickson one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Tennessee, our data show that Dickson's latest annual appreciation rate is higher than 80% of the other cities and towns in Tennessee.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Dickson differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dickson - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Dickson real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$175,099

Dickson, TN HOME PRICES

Value Range
> $1,175,000 0.1
$881,001 - $1,175,000 0.7
$587,001 - $881,000 1.1
$470,001 - $587,000 0.6
$352,001 - $470,000 5.1
$235,001 - $352,000 15.9
$117,001 - $235,000 49.3
$59,001 - $117,000 20.8
$0 - $59,000 6.4

Very High for TN
Average for Nation

Value Relative to Nation Value Relative to State
40.9615272003279 19.1326530612245

Number Of Homes And Apartments:
5,679

Rent & Ownership

 

Average Market Rent:
$894 / per month

Homeownership Rate

Homeownership
Owners 55.88
Renters 44.12
Vacant 7.34

Housing Market Details

 

Age of Homes

AGE OF Dickson HOMES
2000 or Newer 16.1
1970 - 1999 59.1
1940 - 1969 19.8
1939 or Older 5.0

Types of Homes

TYPE OF Dickson HOMES
Single-Family 65.0
Townhomes 2.6
Small Apt. Buildings 9.1
Apt. Complexes 20.9
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF Dickson HOMES
No Bedroom 0.55
1 Bedroom 5.56
2 Bedrooms 36.51
3 Bedrooms 45.39
4 Bedrooms 10.83
5 or more bedrooms 1.14

Dickson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TN*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
31.66% 1.63% 4 3
* 10 is highest