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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 8,528, 3,246 total housing units (homes and apartments), and a median house value of $319,361, Signal Mountain house prices are not only among the most expensive in Tennessee, Signal Mountain real estate also is some of the most expensive in all of America.
Signal Mountain is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Signal Mountain than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Signal Mountain. Owner-occupied housing accounts for 83.80% of Signal Mountain's homes, and 73.48% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Signal Mountain 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 Signal Mountain built between 1940-1969 ( 27.72%). A lesser amount of the housing stock also hails from before 1939 ( 10.52%). There's also some housing in Signal Mountain built between 2000 and later ( 7.02%).
Appreciation rates for homes in Signal Mountain have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.60%, which ranks in the top 30% nationwide. This equates to an annual average Signal Mountain house appreciation rate of 0.92%.
Over the last year, Signal Mountain appreciation rates have trailed the rest of the nation. In the last twelve months, Signal Mountain's appreciation rate has been 1.69%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Signal Mountain were at 1.00%, which equates to an annual appreciation rate of 4.07%.
Relative to Tennessee, our data show that Signal Mountain's latest annual appreciation rate is lower than 80% of the other cities and towns in Tennessee.
|$812,001 - $1,083,000||3.2|
|$541,001 - $812,000||12.1|
|$433,001 - $541,000||12.0|
|$325,001 - $433,000||20.2|
|$216,001 - $325,000||35.3|
|$108,001 - $216,000||12.4|
|$54,001 - $108,000||1.9|
|$0 - $54,000||1.4|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Signal Mountain HOMES|
|2000 or Newer||7.0|
|1970 - 1999||54.7|
|1940 - 1969||27.7|
|1939 or Older||10.5|
|TYPE OF Signal Mountain HOMES|
|Small Apt. Buildings||1.3|
|SIZE OF Signal Mountain HOMES|
|5 or more bedrooms||13.09|