Kingston, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Kingston Neighborhoods Since 2000




Kingston, 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

Kingston Housing Market Information

With 5,846 people, 2,523 houses or apartments, and a median cost of homes of $180,152, Kingston real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Kingston, accounting for 68.33% of the city's housing units. Other types of housing that are prevalent in Kingston include large apartment complexes or high rise apartments ( 10.98%), mobile homes or trailers ( 9.45%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.25%).

The most prevalent building size and type in Kingston are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.36% owning and 35.64% renting.

There is a lot of housing in Kingston 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 Kingston built between 1940-1969 ( 41.29%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.59%). There's also some housing in Kingston built before 1939 ( 2.61%).

Vacant housing appears to be an issue in Kingston. Fully 14.53% of the housing stock is classified as vacant. Left unchecked, vacant Kingston homes and apartments can be a drag on the real estate market, holding Kingston 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.

Kingston Home Appreciation Rates

Appreciation rates for homes in Kingston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.50%, which ranks in the top 40% nationwide. This equates to an annual average Kingston house appreciation rate of 0.44%.

NeighborhoodScout's data show that during the latest twelve months, Kingston's appreciation rate, at 3.71%, has been at or slightly above the national average. In the latest quarter, Kingston's appreciation rate has been 0.56%, which annualizes to a rate of 2.26%.

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

Average Home Values

 

Median Home Value:
$180,152

Kingston, TN HOME PRICES

Value Range
> $1,057,000 0.0
$792,001 - $1,057,000 1.0
$528,001 - $792,000 2.0
$423,001 - $528,000 3.2
$317,001 - $423,000 11.6
$211,001 - $317,000 18.0
$106,001 - $211,000 37.7
$53,001 - $106,000 19.3
$0 - $53,000 7.3

Very High for TN
High for Nation

Value Relative to Nation Value Relative to State
38.0991444978319 17.6020408163265

Number Of Homes And Apartments:
2,523

Kingston 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
47.25% 2.27% 8 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$945 / per month

Homeownership Rate

Homeownership
Owners 64.36
Renters 35.64
Vacant 14.53

Housing Market Details

 

Age of Homes

AGE OF Kingston HOMES
2000 or Newer 9.6
1970 - 1999 46.5
1940 - 1969 41.3
1939 or Older 2.6

Types of Homes

TYPE OF Kingston HOMES
Single-Family 68.3
Townhomes 2.0
Small Apt. Buildings 9.2
Apt. Complexes 11.0
Mobile Homes 9.5
Other 0.0

Home Size

SIZE OF Kingston HOMES
No Bedroom 0.00
1 Bedroom 5.69
2 Bedrooms 34.59
3 Bedrooms 48.31
4 Bedrooms 9.65
5 or more bedrooms 1.76