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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.



Vonore, 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 Q2 2024. 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

Vonore, TN Housing Market Trends

With 1,631 people, 767 houses or apartments, and a median cost of homes of $482,165, Vonore real estate is some of the most expensive in Tennessee, although Vonore home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Vonore, accounting for 60.80% of the town's housing units. Other types of housing that are prevalent in Vonore include mobile homes or trailers ( 15.92%), large apartment complexes or high rise apartments ( 13.27%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.65%).

The most prevalent building size and type in Vonore are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 51.90% owning and 48.10% renting.

There is a lot of housing in Vonore 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 Vonore built between 2000 and later ( 29.92%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.60%). There's also some housing in Vonore built before 1939 ( 2.53%).

Vonore Home Appreciation Rates

In the last 10 years, Vonore has experienced some of the highest home appreciation rates of any community in the nation. Vonore real estate appreciated 154.05% over the last ten years, which is an average annual home appreciation rate of 9.77%, putting Vonore in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Vonore 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, Vonore's appreciation rate, at 6.78%, has been at or slightly above the national average. In the latest quarter, Vonore's appreciation rate has been 2.75%, which annualizes to a rate of 11.45%.

Relative to Tennessee, our data show that Vonore's latest annual appreciation rate is higher than 60% of the other cities and towns in Tennessee.

Average Home Values

Median Home Value

$482,165

Vonore, TN Home Prices
> $1,610,000
$1,208,001 - $1,610,000
$805,001 - $1,208,000
$644,001 - $805,000
$483,001 - $644,000
$322,001 - $483,000
$161,001 - $322,000
$80,001 - $161,000
$0 - $80,000
1.7%
1.7%
9.5%
9.5%
12.9%
12.9%
9.7%
9.7%
13.0%
13.0%
17.1%
17.1%
20.8%
20.8%
10.1%
10.1%
5.2%
5.2%
0% 100.0%
% of Homes
Very High

for Tennessee

Very High

for nation

Number of Homes And Apartments:

767

Vonore Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,266 / per month

Homeownership Rate

Owners
Renters
51.9%
51.9%
48.1%
48.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.5%
7.5%
92.5%
92.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
29.9%
29.9%
53.0%
53.0%
14.6%
14.6%
2.5%
2.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
60.8%
60.8%
0.0%
0.0%
9.7%
9.7%
13.3%
13.3%
15.9%
15.9%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
7.4%
7.4%
27.0%
27.0%
47.2%
47.2%
13.4%
13.4%
4.6%
4.6%
0% 100.0%
% of Homes

Popular Neighborhoods in Vonore

Zip Codes in Vonore, TN