Dyersburg, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dyersburg Neighborhoods Since 2000




Dyersburg, TN Real Estate Data


Dyersburg Housing Market Information

With 16,781 people, 7,165 houses or apartments, and a median cost of homes of $103,141, house prices in Dyersburg are solidly below the national average.

Single-family detached homes are the single most common housing type in Dyersburg, accounting for 71.36% of the city's housing units. Other types of housing that are prevalent in Dyersburg include large apartment complexes or high rise apartments ( 13.36%), duplexes, homes converted to apartments or other small apartment buildings ( 10.34%), and a few mobile homes or trailers ( 3.86%).

The most prevalent building size and type in Dyersburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.68% owning and 52.32% renting.

There is a lot of housing in Dyersburg 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 Dyersburg built between 1940-1969 ( 35.07%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.00%). There's also some housing in Dyersburg built before 1939 ( 8.54%).

Vacant housing appears to be an issue in Dyersburg. Fully 10.54% of the housing stock is classified as vacant. Left unchecked, vacant Dyersburg homes and apartments can be a drag on the real estate market, holding Dyersburg 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.

Dyersburg Home Appreciation Rates

Real estate appreciation rates in Dyersburg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.16% during the period.

Over the last year, Dyersburg appreciation rates have trailed the rest of the nation. In the last twelve months, Dyersburg's appreciation rate has been 3.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dyersburg were at 1.80%, which equates to an annual appreciation rate of 7.39%.

Relative to Tennessee, our data show that Dyersburg's latest annual appreciation rate is lower 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 Dyersburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dyersburg - 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 Dyersburg real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$103,141

Dyersburg, TN HOME PRICES

Value Range
> $1,064,000 0.0
$798,001 - $1,064,000 0.0
$532,001 - $798,000 1.1
$426,001 - $532,000 3.1
$319,001 - $426,000 4.2
$213,001 - $319,000 8.5
$106,001 - $213,000 25.3
$53,001 - $106,000 38.0
$0 - $53,000 19.7

Low for TN
Low for Nation

Value Relative to Nation Value Relative to State
76.8782573051473 70.6632653061225

Number Of Homes And Apartments:
7,165

Rent & Ownership

 

Average Market Rent:
$773 / per month

Homeownership Rate

Homeownership
Owners 47.68
Renters 52.32
Vacant 10.54

Housing Market Details

 

Age of Homes

AGE OF Dyersburg HOMES
2000 or Newer 10.0
1970 - 1999 46.4
1940 - 1969 35.1
1939 or Older 8.5

Types of Homes

TYPE OF Dyersburg HOMES
Single-Family 71.4
Townhomes 1.1
Small Apt. Buildings 10.3
Apt. Complexes 13.4
Mobile Homes 3.9
Other 0.0

Home Size

SIZE OF Dyersburg HOMES
No Bedroom 1.77
1 Bedroom 8.80
2 Bedrooms 31.60
3 Bedrooms 47.76
4 Bedrooms 8.62
5 or more bedrooms 1.45

Dyersburg 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
14.76% 0.81% 1 2
* 10 is highest