Huntsville, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Huntsville Neighborhoods Since 2000




Huntsville, 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

Huntsville Housing Market Information

With a population of 1,233, 510 total housing units (homes and apartments), and a median house value of $103,953, house prices in Huntsville are solidly below the national average.

Single-family detached homes are the single most common housing type in Huntsville, accounting for 51.29% of the town's housing units. Other types of housing that are prevalent in Huntsville include duplexes, homes converted to apartments or other small apartment buildings ( 33.96%), large apartment complexes or high rise apartments ( 8.75%), and a few mobile homes or trailers ( 4.29%).

Huntsville is dominated by renter-occupied one, two, or no bedrooms apartments. 67.05% of Huntsville's dwellings are rentals.

There is a lot of housing in Huntsville 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 Huntsville built between 1940-1969 ( 15.95%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.89%). There's also some housing in Huntsville built before 1939 ( 5.32%).

Vacant housing appears to be an issue in Huntsville. Fully 12.52% of the housing stock is classified as vacant. Left unchecked, vacant Huntsville homes and apartments can be a drag on the real estate market, holding Huntsville 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.

Huntsville Home Appreciation Rates

Appreciation rates for homes in Huntsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.11%, which ranks in the top 50% nationwide. This equates to an annual average Huntsville house appreciation rate of 0.31%.

Over the last year, Huntsville appreciation rates have trailed the rest of the nation. In the last twelve months, Huntsville's appreciation rate has been 2.50%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Huntsville were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$103,953

Huntsville, TN HOME PRICES

Value Range
> $1,080,000 0.0
$810,001 - $1,080,000 1.3
$540,001 - $810,000 2.8
$432,001 - $540,000 3.0
$324,001 - $432,000 1.2
$216,001 - $324,000 8.9
$108,001 - $216,000 23.3
$54,001 - $108,000 33.1
$0 - $54,000 26.4

Low for TN
Low for Nation

Value Relative to Nation Value Relative to State
75.0615258408532 68.3673469387755

Number Of Homes And Apartments:
510

Huntsville 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
41.47% 2.03% 7 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$664 / per month

Homeownership Rate

Homeownership
Owners 32.95
Renters 67.05
Vacant 12.52

Housing Market Details

 

Age of Homes

AGE OF Huntsville HOMES
2000 or Newer 13.9
1970 - 1999 64.8
1940 - 1969 16.0
1939 or Older 5.3

Types of Homes

TYPE OF Huntsville HOMES
Single-Family 51.3
Townhomes 1.7
Small Apt. Buildings 34.0
Apt. Complexes 8.7
Mobile Homes 4.3
Other 0.0

Home Size

SIZE OF Huntsville HOMES
No Bedroom 0.00
1 Bedroom 24.70
2 Bedrooms 28.82
3 Bedrooms 32.59
4 Bedrooms 12.35
5 or more bedrooms 1.54

Popular Neighborhoods in Huntsville

Zip Codes in Huntsville, TN