Indian Mound, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Indian Mound Neighborhoods Since 2000




Indian Mound, 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

Indian Mound Housing Market Information

With 6,490 people, 2,281 houses or apartments, and a median cost of homes of $97,701, house prices in Indian Mound are solidly below the national average.

Single-family detached homes are the single most common housing type in Indian Mound, accounting for 77.75% of the town's housing units. Other types of housing that are prevalent in Indian Mound include mobile homes or trailers ( 19.18%), duplexes, homes converted to apartments or other small apartment buildings ( 2.06%), and a few row houses and other attached homes ( 1.01%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Indian Mound. Owner-occupied housing accounts for 80.38% of Indian Mound's homes, and 60.11% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Indian Mound 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 Indian Mound built between 2000 and later ( 22.35%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.86%). There's also some housing in Indian Mound built before 1939 ( 9.66%).

Vacant housing appears to be an issue in Indian Mound. Fully 20.43% of the housing stock is classified as vacant. Left unchecked, vacant Indian Mound homes and apartments can be a drag on the real estate market, holding Indian Mound 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.

Indian Mound Home Appreciation Rates

Real estate appreciation rates in Indian Mound's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.79% during the period.

Over the last year, Indian Mound appreciation rates have trailed the rest of the nation. In the last twelve months, Indian Mound's appreciation rate has been -2.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Indian Mound were at -0.54%, which equates to an annual appreciation rate of -2.13%.

Notably, Indian Mound's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$97,701

Indian Mound, TN HOME PRICES

Value Range
> $972,000 0.4
$729,001 - $972,000 0.2
$486,001 - $729,000 0.0
$389,001 - $486,000 0.1
$291,001 - $389,000 1.0
$195,001 - $291,000 9.4
$97,001 - $195,000 33.1
$49,001 - $97,000 39.4
$0 - $49,000 16.5

Low for TN
Low for Nation

Value Relative to Nation Value Relative to State
79.07242470409 77.0408163265306

Number Of Homes And Apartments:
2,281

Indian Mound 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
19.35% 1.03% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$731 / per month

Homeownership Rate

Homeownership
Owners 80.38
Renters 19.62
Vacant 20.43

Housing Market Details

 

Age of Homes

AGE OF Indian Mound HOMES
2000 or Newer 22.4
1970 - 1999 52.1
1940 - 1969 15.9
1939 or Older 9.7

Types of Homes

TYPE OF Indian Mound HOMES
Single-Family 77.8
Townhomes 1.0
Small Apt. Buildings 2.1
Apt. Complexes 0.0
Mobile Homes 19.2
Other 0.0

Home Size

SIZE OF Indian Mound HOMES
No Bedroom 0.84
1 Bedroom 4.99
2 Bedrooms 28.42
3 Bedrooms 50.52
4 Bedrooms 9.59
5 or more bedrooms 5.65

Popular Neighborhoods in Indian Mound

Zip Codes in Indian Mound, TN