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 about Scout's Real Estate Data
With 45,136 people, 14,880 houses or apartments, and a median cost of homes of $1,158,601, Brentwood house prices are not only among the most expensive in Tennessee, Brentwood real estate also is some of the most expensive in all of America.
Brentwood is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Brentwood than is found in 98% of the communities in America.
The large homes that make up Brentwood are primarily owner-occupied ( 91.41%).
There is a lot of housing in Brentwood 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 Brentwood built between 2000 and later ( 41.64%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.55%).
In the last 10 years, Brentwood has experienced some of the highest home appreciation rates of any community in the nation. Brentwood real estate appreciated 115.98% over the last ten years, which is an average annual home appreciation rate of 8.00%, putting Brentwood in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Brentwood definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Brentwood's appreciation rate, at 5.38%, has been at or slightly above the national average. In the latest quarter, Brentwood's appreciation rate has been 1.16%, which annualizes to a rate of 4.72%.
Relative to Tennessee, our data show that Brentwood's latest annual appreciation rate is lower than 60% of the other cities and towns in Tennessee.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Brentwood differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brentwood - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Brentwood real estate investment or home purchase decisions.
$1,158,601
for Tennessee
for nation
14,880
$4,296 / per month