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College Grove, TN—37046

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,208,000
3.3% YoY Growth
Household Income
$163,000
53.4% YoY Growth
Days on Market
91
8.0% Longer YoY
Home Price Forecast
2.2%
Median Rent
$4,950
0.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,350
42.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — College Grove, TN

As of Dec '25, the median home price in College Grove, TN is $1,208,000, with a year-over-year change of 3.3%. This indicates that home prices in College Grove, TN are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,208,0003.3%
Single Family $1,208,0003.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$868,0003.3%
    4 Bed
    		$1,391,0003.6%
    5 Bed $1,688,7111.8%
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    % of Housing Stock

    1 Bedroom
    1.4%
    2 Bedrooms
    8.4%
    3 Bedrooms
    43.1%
    4 Bedrooms
    30.0%
    5+ Bedrooms
    17.2%

    Rental Trends — College Grove, TN

    As of July '25, Rentcast reports the average rent in College Grove, TN is $5,090, with a year-over-year rent change of -0.2%. Per bedroom, the median rent as of July '25 in College Grove, TN is 3-bedrooms: $2,800, 4-bedrooms: $5,000. The most common rental property sizes in College Grove, TN are 3-bedroom and 4-bedroom, accounting for 54.5% and 27.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$4,950$5,090
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $2,350$2,800
    4 Bed Rent $5,000$5,000
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    % of Rental Stock

    2 Bedrooms
    18.4%
    3 Bedrooms
    54.5%
    4 Bedrooms
    27.1%

    Property Listings — College Grove, TN

    As of Dec '25, Realtor.com reports that the median days on market for a home in College Grove, TN is 80. This is a decrease of -3.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$3,080,00013.0%
    Listing Count
    		14913.0%
    Listings as % of Homes2.7%13.0%
    Days on Market
    		918.0%
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    Demographics — College Grove, TN

    As of the latest ACS Survey released in 2023, College Grove, TN has a population of 6,630, which has increased by 30.1% over the past 5 years. College Grove, TN is a popular place for families, as children make up 26.2% of the population. The area has a highly educated workforce, with 61.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		6,63030.1%
    % Under 18
    		26.2%-0.8%
    % Seniors
    		15.1%3.4%
    % WFH
    		24.9%295.2%
    % w/ College Degree
    		61.0%47.7%
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    As of the latest ACS Survey released in 2023, College Grove, TN is a predominantly white area, with 91.0% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in College Grove, TN is hispanic, making up 3.4% of the population. Foreign-born residents account for 2.8% of the population in College Grove, TN, and this percentage has increased by 86.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		91.0%0.6%
    % Black
    		0.0%-100.0%
    % Hispanic
    		3.4%17.2%
    % Asian
    		2.1%∞%
    % Foreign Born
    		2.8%86.7%
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    Mortgage and Risk — College Grove, TN

    According to HUD data as of 2023, there were 352 mortgage originations in College Grove, TN, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in College Grove, TN. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		352
    % Conventional Loans
    		94.0%
    % Government Loans
    		6.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — College Grove, TN

    College Grove, 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,770
    2 BedroomN/AN/A$2,000
    3 Bedroom$200$2,350$2,550
    4 Bedroom-$1,970$5,000$3,030

    Affordability — College Grove, TN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.9
    Median Home Price$1,208,000
    Median Household Income$163,000

    College Grove, TN — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions