Rossville, TN Real Estate Market

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 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Rossville, TN Housing Market Trends

With 1,041 people, 423 houses or apartments, and a median cost of homes of $527,567, Rossville house prices are not only among the most expensive in Tennessee, Rossville real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Rossville, accounting for 88.91% of the town's housing units. Other types of housing that are prevalent in Rossville include mobile homes or trailers ( 5.20%), large apartment complexes or high rise apartments ( 5.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rossville. Owner-occupied housing accounts for 83.45% of Rossville's homes, and 72.40% have either three or four bedrooms, which is average sized relative to America.

Rossville homes and real estate are some of the newest in America. 65.61% of Rossville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Rossville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 23.98%), and before 1939 ( 6.56%). There's also some housing in Rossville built between 1940-1969 ( 3.85%).

Rossville Home Appreciation Rates

In the last 10 years, Rossville has experienced some of the highest home appreciation rates of any community in the nation. Rossville real estate appreciated 97.52% over the last ten years, which is an average annual home appreciation rate of 7.04%, putting Rossville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rossville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Rossville appreciation rates have trailed the rest of the nation. In the last twelve months, Rossville's appreciation rate has been 14.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rossville were at 2.74%, which equates to an annual appreciation rate of 11.43%.

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

Average Home Values

 

Median Home Value:
$527,567

Rossville, TN HOME PRICES

> $1,444,000
$1,084,001 - $1,444,000
$722,001 - $1,084,000
$578,001 - $722,000
$433,001 - $578,000
$289,001 - $433,000
$144,001 - $289,000
$72,001 - $144,000
$0 - $72,000
3.6%
3.6%
4.6%
4.6%
20.7%
20.7%
15.8%
15.8%
10.1%
10.1%
23.2%
23.2%
13.5%
13.5%
6.7%
6.7%
1.8%
1.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for TN

Value Relative To Nation

Number Of Homes And Apartments:
423

Rossville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TN*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
120.63% 3.62%
5
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,215 / per month

Homeownership Rate

Owners
Renters
Vacant
83.5%
83.5%
16.5%
16.5%
4.3%
4.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
65.6%
65.6%
24.0%
24.0%
3.8%
3.8%
6.6%
6.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
88.9%
88.9%
0.0%
0.0%
0.7%
0.7%
5.2%
5.2%
5.2%
5.2%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
5.9%
5.9%
9.7%
9.7%
36.7%
36.7%
35.7%
35.7%
12.0%
12.0%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Rossville

Zip Codes in Rossville, TN