menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Signal Mountain, TN Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Signal Mountain, TN Housing Market Trends

With 8,883 people, 3,369 houses or apartments, and a median cost of homes of $578,080, 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 87.09% of Signal Mountain's homes, and 71.38% 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 ( 34.47%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.38%). There's also some housing in Signal Mountain built before 1939 ( 8.73%).

Signal Mountain Home Appreciation Rates

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 87.11%, which ranks in the top 50% nationwide. This equates to an annual average Signal Mountain house appreciation rate of 6.47%.

Appreciation rates are so strong in Signal Mountain that despite a nationwide downturn in the housing market, Signal Mountain real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Signal Mountain appreciation rates continue to be some of the highest in America, at 8.06%, which is higher than appreciation rates in 87.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Signal Mountain. Signal Mountain appreciation rates in the latest quarter were at 2.70%, which equates to an annual appreciation rate of 11.26%.

Importantly, this makes Signal Mountain one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Tennessee, our data show that Signal Mountain's latest annual appreciation rate is higher than 80% of the other cities and towns in Tennessee.

Average Home Values

Median Home Value

$578,080

Signal Mountain Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,191 / per month

Homeownership Rate

Owners
Renters
87.1%
87.1%
12.9%
12.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.9%
3.9%
96.1%
96.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.4%
15.4%
41.4%
41.4%
34.5%
34.5%
8.7%
8.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
88.0%
88.0%
1.7%
1.7%
1.5%
1.5%
8.8%
8.8%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.5%
2.5%
2.2%
2.2%
9.7%
9.7%
31.2%
31.2%
40.2%
40.2%
14.2%
14.2%
0% 100.0%
% of Homes

Popular Neighborhoods in Signal Mountain

Popular Communities Near Signal Mountain, TN

Zip Codes in Signal Mountain, TN