Castalian Springs, TN—37031
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Castalian Springs, TN
As of Oct '25, the median home price in Castalian Springs, TN is $410,000, with a year-over-year change of 3.1%. This indicates that home prices in Castalian Springs, TN are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $410,000 | 3.2% |
| Single Family | $411,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $416,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Castalian Springs, TN
As of July '25, Rentcast reports the average rent in Castalian Springs, TN is $2,200, with a year-over-year rent change of 15.2%. Per bedroom, the median rent as of July '25 in Castalian Springs, TN is 3-bedrooms: $2,200. The most common rental property sizes in Castalian Springs, TN are 2-bedroom and 3-bedroom, accounting for 54.6% and 45.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Castalian Springs, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Castalian Springs, TN is 56. This is a decrease of -25.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $603,000 | -2.0% |
Listing Count | 43 | 78.0% |
| Listings as % of Homes | 0.9% | 78.0% |
Days on Market | 56 | -25.0% |
Demographics — Castalian Springs, TN
As of the latest ACS Survey released in 2023, Castalian Springs, TN has a population of 3,980, which has decreased by -5.1% over the past 5 years. Castalian Springs, TN is a less popular place for families, as children make up 14.7% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,980 | -5.1% |
% Under 18 | 14.7% | -28.3% |
% Seniors | 21.6% | 23.4% |
% WFH | 11.5% | 187.5% |
% w/ College Degree | 21.4% | 20.2% |
As of the latest ACS Survey released in 2023, Castalian Springs, TN is a predominantly white area, with 90.5% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Castalian Springs, TN is hispanic, making up 3.4% of the population. Foreign-born residents account for 1.6% of the population in Castalian Springs, TN, and this percentage has increased by 166.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.5% | -1.2% |
% Black | 1.8% | -56.1% |
% Hispanic | 3.4% | 112.5% |
% Asian | 0.2% | ∞% |
% Foreign Born | 1.6% | 166.7% |
Mortgage and Risk — Castalian Springs, TN
According to HUD data as of 2023, there were 134 mortgage originations in Castalian Springs, TN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Castalian Springs, TN. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 134 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Castalian Springs, TN
Castalian Springs, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | -$360 | $2,200 | $1,840 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Castalian Springs, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $410,000 |
| Median Household Income | $86,400 |