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 3,995 people, 1,534 houses or apartments, and a median cost of homes of $180,844, house prices in Livingston are solidly below the national average.
Single-family detached homes are the single most common housing type in Livingston, accounting for 80.87% of the town's housing units. Other types of housing that are prevalent in Livingston include mobile homes or trailers ( 10.99%), duplexes, homes converted to apartments or other small apartment buildings ( 4.94%), and a few large apartment complexes or high rise apartments ( 3.20%).
The most prevalent building size and type in Livingston are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 55.71% owning and 44.29% renting.
There is a lot of housing in Livingston 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 Livingston built between 1940-1969 ( 29.73%). A lesser amount of the housing stock also hails from before 1939 ( 13.40%). There's also some housing in Livingston built between 2000 and later ( 11.95%).
Vacant housing appears to be an issue in Livingston. Fully 13.97% of the housing stock is classified as vacant. Left unchecked, vacant Livingston homes and apartments can be a drag on the real estate market, holding Livingston 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.
In the last 10 years, Livingston has experienced some of the highest home appreciation rates of any community in the nation. Livingston real estate appreciated 130.38% over the last ten years, which is an average annual home appreciation rate of 8.70%, putting Livingston in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Livingston definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Livingston that despite a nationwide downturn in the housing market, Livingston real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Livingston appreciation rates continue to be some of the highest in America, at 10.63%, which is higher than appreciation rates in 89.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Livingston. Livingston appreciation rates in the latest quarter were at 2.75%, which equates to an annual appreciation rate of 11.45%.
Relative to Tennessee, our data show that Livingston's latest annual appreciation rate is higher than 80% of the other cities and towns in Tennessee.
$180,844
for Tennessee
for nation
1,534
$1,382 / per month