Tennessee
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating TN Cities Since 2000






Tennessee Real Estate Values & Housing Market 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 Q4 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$159,527

Number Of Homes And Apartments:
2,522,204

Tennessee Home Prices

Value Range
> $1,147,000 0.5
$860,001 - $1,147,000 1.0
$573,001 - $860,000 2.9
$459,001 - $573,000 3.1
$344,001 - $459,000 7.0
$229,001 - $344,000 16.3
$115,001 - $229,000 38.2
$57,001 - $115,000 20.7
$0 - $57,000 10.0

Tennessee Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q3 - 2017 Q4
1.28% 5.23%
8
Last 12 Months:
2016 Q4 - 2017 Q4
7.94% 7.94%
9
Last 2 Years:
2015 Q4 - 2017 Q4
15.37% 7.41%
8
Last 5 Years:
2012 Q4 - 2017 Q4
29.89% 5.37%
8
Last 10 Years:
2007 Q4 - 2017 Q4
20.57% 1.89%
9
Since 2000:
2000 Q1 - 2017 Q4
70.56% 3.05%
5
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,004 / per month

Homeownership Rate

Homeownership
Owners 64.77
Renters 35.23
Vacant 12.22

Housing Details

Age of Homes

AGE OF Tennessee HOMES
2000 or Newer 20.2
1970 - 1999 48.8
1940 - 1969 24.8
1939 or Older 6.2

Types of Homes

TYPE OF Tennessee HOMES
Single-Family 68.8
Townhomes 3.0
Small Apt. Buildings 6.2
Apt. Complexes 12.5
Mobile Homes 9.3
Other 0.1

Home Size

SIZE OF Tennessee HOMES
No Bedroom 1.33
1 Bedroom 7.59
2 Bedrooms 26.34
3 Bedrooms 46.62
4 Bedrooms 14.64
5 or more bedrooms 3.48