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 a population of 15,184, 6,250 total housing units (homes and apartments), and a median house value of $287,694, Chuckey real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Chuckey, accounting for 68.78% of the town's housing units. Other types of housing that are prevalent in Chuckey include mobile homes or trailers ( 29.03%), duplexes, homes converted to apartments or other small apartment buildings ( 1.99%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chuckey. Owner-occupied housing accounts for 81.20% of Chuckey's homes, and 69.73% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Chuckey 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 Chuckey built between 2000 and later ( 32.63%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.00%). There's also some housing in Chuckey built before 1939 ( 8.91%).
Vacant housing appears to be an issue in Chuckey. Fully 10.62% of the housing stock is classified as vacant. Left unchecked, vacant Chuckey homes and apartments can be a drag on the real estate market, holding Chuckey real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Chuckey have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 99.09%, which ranks in the top 40% nationwide. This equates to an annual average Chuckey house appreciation rate of 7.13%.
NeighborhoodScout's data show that during the latest twelve months, Chuckey's appreciation rate, at 6.99%, has been at or slightly above the national average. In the latest quarter, Chuckey's appreciation rate has been 2.46%, which annualizes to a rate of 10.19%.
Relative to Tennessee, our data show that Chuckey's latest annual appreciation rate is higher than 60% of the other cities and towns in Tennessee.
$287,694
for Tennessee
for nation
6,250
$1,169 / per month