Ashland City, TN—37015
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ashland City, TN
As of Oct '25, the median home price in Ashland City, TN is $342,000, with a year-over-year change of -1.4%. This indicates that home prices in Ashland City, TN are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $342,000 | -1.4% |
| Single Family | $346,000 | -1.7% |
| Condos | $249,000 | -3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $254,000 | -2.3% |
3 Bed | $356,000 | -1.1% |
4 Bed | $422,000 | -0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ashland City, TN
As of July '25, Rentcast reports the average rent in Ashland City, TN is $1,940, with a year-over-year rent change of 4.9%. Per bedroom, the median rent as of July '25 in Ashland City, TN is 1-bedrooms: $1,330, 2-bedrooms: $1,710, 3-bedrooms: $2,150, 4-bedrooms: $2,100. The most common rental property sizes in Ashland City, TN are 2-bedroom and 3-bedroom, accounting for 43.0% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,330 | $1,330 |
| 2 Bed Rent | $1,420 | $1,710 |
| 3 Bed Rent | $2,180 | $2,150 |
| 4 Bed Rent | $2,100 | $2,100 |
% of Rental Stock
Property Listings — Ashland City, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Ashland City, TN is 69. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $424,000 | 5.0% |
Listing Count | 123 | 12.0% |
| Listings as % of Homes | 0.8% | 12.0% |
Days on Market | 69 | 15.0% |
Demographics — Ashland City, TN
As of the latest ACS Survey released in 2023, Ashland City, TN has a population of 19,500, which has increased by 12.8% over the past 5 years. Ashland City, TN is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,500 | 12.8% |
% Under 18 | 21.8% | -2.7% |
% Seniors | 16.2% | 6.6% |
% WFH | 9.6% | 146.2% |
% w/ College Degree | 22.7% | 41.9% |
As of the latest ACS Survey released in 2023, Ashland City, TN is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Ashland City, TN is hispanic, making up 6.4% of the population. Foreign-born residents account for 3.0% of the population in Ashland City, TN, and this percentage has decreased by 16.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.3% | -0.8% |
% Black | 2.3% | 64.3% |
% Hispanic | 6.4% | 33.3% |
% Asian | 0.1% | -80.0% |
% Foreign Born | 3.0% | -16.7% |
Mortgage and Risk — Ashland City, TN
According to HUD data as of 2023, there were 446 mortgage originations in Ashland City, TN, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Ashland City, TN. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 446 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Ashland City, TN
As of 2024, the percent of homes in Ashland City, TN under the Section 8 program is 3.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Ashland City, TN, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 68 |
Total Units Section 8 | 68 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,330 | $1,390 |
| 2 Bedroom | $120 | $1,420 | $1,540 |
| 3 Bedroom | -$240 | $2,180 | $1,940 |
| 4 Bedroom | $290 | $2,100 | $2,390 |
Affordability — Ashland City, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $342,000 |
| Median Household Income | $74,800 |