South Pittsburg, TN


Highest Appreciating South Pittsburg Neighborhoods Since 2000

South Pittsburg, 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

South Pittsburg Housing Market Information

With a population of 3,114, 1,326 total housing units (homes and apartments), and a median house value of $126,936, house prices in South Pittsburg are solidly below the national average.

Single-family detached homes are the single most common housing type in South Pittsburg, accounting for 66.48% of the city's housing units. Other types of housing that are prevalent in South Pittsburg include duplexes, homes converted to apartments or other small apartment buildings ( 13.23%), mobile homes or trailers ( 12.54%), and a few large apartment complexes or high rise apartments ( 7.54%).

The most prevalent building size and type in South Pittsburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.53% owning and 50.47% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. South Pittsburg's housing was primarily built during this period, from the '40s through the '60s. A full 40.03% of the city's housing hails from this era. Other housing ages represented in South Pittsburg include homes built between 1970-1999 ( 36.39%) and housing constructed before 1939 ( 19.53%). There's also some housing in South Pittsburg built between 2000 and later ( 4.04%).

South Pittsburg Home Appreciation Rates

Real estate appreciation rates in South Pittsburg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.09% during the period.

Appreciation rates are so strong in South Pittsburg that despite a nationwide downturn in the housing market, South Pittsburg real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, South Pittsburg appreciation rates continue to be some of the highest in America, at 5.88%, which is higher than appreciation rates in 73.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in South Pittsburg. South Pittsburg appreciation rates in the latest quarter were at 1.00%, which equates to an annual appreciation rate of 4.07%.

Relative to Tennessee, our data show that South Pittsburg's latest annual appreciation rate is higher than 70% of the other cities and towns in Tennessee.

Average Home Values


Median Home Value:

South Pittsburg, TN HOME PRICES

Value Range
> $1,070,000 0.0
$802,001 - $1,070,000 0.3
$535,001 - $802,000 0.4
$428,001 - $535,000 4.1
$321,001 - $428,000 5.4
$214,001 - $321,000 17.7
$107,001 - $214,000 29.1
$53,001 - $107,000 30.2
$0 - $53,000 13.0

Average for TN
Low for Nation

Value Relative to Nation Value Relative to State
61.4320871909059 45.6632653061224

Number Of Homes And Apartments:

South Pittsburg Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
31.80% 1.61% 4 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$769 / per month

Homeownership Rate

Owners 49.53
Renters 50.47
Vacant 9.12

Housing Market Details


Age of Homes

AGE OF South Pittsburg HOMES
2000 or Newer 4.0
1970 - 1999 36.4
1940 - 1969 40.0
1939 or Older 19.5

Types of Homes

TYPE OF South Pittsburg HOMES
Single-Family 66.5
Townhomes 0.2
Small Apt. Buildings 13.2
Apt. Complexes 7.5
Mobile Homes 12.5
Other 0.0

Home Size

SIZE OF South Pittsburg HOMES
No Bedroom 1.44
1 Bedroom 13.30
2 Bedrooms 33.17
3 Bedrooms 36.46
4 Bedrooms 12.82
5 or more bedrooms 2.81

Popular Neighborhoods in South Pittsburg

Zip Codes in South Pittsburg, TN