Hixson, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hixson Neighborhoods Since 2000




Hixson, TN Real Estate Data


Hixson Housing Market Information

With a population of 14,500, 1,962 total housing units (homes and apartments), and a median house value of $185,108, Hixson real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Hixson, accounting for 82.26% of the town's housing units. Other types of housing that are prevalent in Hixson include mobile homes or trailers ( 5.53%), row houses and other attached homes ( 4.53%), and a few large apartment complexes or high rise apartments ( 4.16%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hixson. Owner-occupied housing accounts for 84.08% of Hixson's homes, and 76.67% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hixson 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 Hixson built between 2000 and later ( 16.56%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.55%).

Hixson Home Appreciation Rates

Appreciation rates for homes in Hixson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.47%, which ranks in the top 50% nationwide. This equates to an annual average Hixson house appreciation rate of 0.63%.

NeighborhoodScout's data show that during the latest twelve months, Hixson's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Hixson's appreciation rate has been 1.04%, which annualizes to a rate of 4.24%.

Relative to Tennessee, our data show that Hixson's latest annual appreciation rate is higher than 50% of the other cities and towns in Tennessee.

Average Home Values

 

Median Home Value:
$185,108

Hixson, TN HOME PRICES

Value Range
> $1,093,000 0.4
$819,001 - $1,093,000 0.0
$546,001 - $819,000 2.6
$437,001 - $546,000 2.1
$328,001 - $437,000 5.7
$219,001 - $328,000 21.7
$109,001 - $219,000 52.6
$54,001 - $109,000 9.5
$0 - $54,000 5.4

Very High for TN
High for Nation

Value Relative to Nation Value Relative to State
37.4655970018153 16.0714285714286

Number Of Homes And Apartments:
1,962

Rent & Ownership

 

Average Market Rent:
$940 / per month

Homeownership Rate

Homeownership
Owners 84.08
Renters 15.92
Vacant 2.61

Housing Market Details

 

Age of Homes

AGE OF Hixson HOMES
2000 or Newer 16.6
1970 - 1999 70.6
1940 - 1969 12.5
1939 or Older 0.3

Types of Homes

TYPE OF Hixson HOMES
Single-Family 82.3
Townhomes 4.5
Small Apt. Buildings 3.5
Apt. Complexes 4.2
Mobile Homes 5.5
Other 0.0

Home Size

SIZE OF Hixson HOMES
No Bedroom 0.20
1 Bedroom 2.73
2 Bedrooms 15.31
3 Bedrooms 51.64
4 Bedrooms 25.03
5 or more bedrooms 5.09

Hixson 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
41.04% 2.04% 7 5
* 10 is highest