Fairview, TN—37062
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Fairview, TN
Home Price Trends — Fairview, TN
As of Oct '25, the median home price in Fairview, TN is $533,000, with a year-over-year change of 0.3%. This indicates that home prices in Fairview, TN are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $533,000 | 0.3% |
| Single Family | $535,000 | 0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $319,000 | -1.2% |
3 Bed | $463,000 | 1.1% |
4 Bed | $674,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairview, TN
As of July '25, Rentcast reports the average rent in Fairview, TN is $2,280, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Fairview, TN is 1-bedrooms: $994, 2-bedrooms: $1,660, 3-bedrooms: $2,460, 4-bedrooms: $2,910. The most common rental property sizes in Fairview, TN are 2-bedroom and 3-bedroom, accounting for 35.5% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,180 | $2,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $994 | $994 |
| 2 Bed Rent | $1,720 | $1,660 |
| 3 Bed Rent | $2,290 | $2,460 |
| 4 Bed Rent | $2,700 | $2,910 |
% of Rental Stock
Property Listings — Fairview, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairview, TN is 50. This is a increase of 44.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $704,000 | 3.0% |
Listing Count | 169 | 45.0% |
| Listings as % of Homes | 1.6% | 45.0% |
Days on Market | 50 | 44.0% |
Demographics — Fairview, TN
As of the latest ACS Survey released in 2023, Fairview, TN has a population of 13,200, which has increased by 12.2% over the past 5 years. Fairview, TN is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 35.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,200 | 12.2% |
% Under 18 | 23.6% | 1.7% |
% Seniors | 16.3% | 22.6% |
% WFH | 14.0% | 115.4% |
% w/ College Degree | 35.6% | 30.4% |
As of the latest ACS Survey released in 2023, Fairview, TN is a predominantly white area, with 88.3% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Fairview, TN is hispanic, making up 9.2% of the population. Foreign-born residents account for 2.6% of the population in Fairview, TN, and this percentage has increased by 62.5% 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 | 88.3% | -2.8% |
% Black | 0.9% | -64.0% |
% Hispanic | 9.2% | 104.4% |
% Asian | 0.9% | 125.0% |
% Foreign Born | 2.6% | 62.5% |
Mortgage and Risk — Fairview, TN
According to HUD data as of 2023, there were 441 mortgage originations in Fairview, TN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Fairview, TN. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 441 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Fairview, TN
As of 2024, the percent of homes in Fairview, TN under the Section 8 program is 6.4%. 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. In Fairview, TN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 115 |
Total Units Section 8 | 75 |
% Rentals under Section 8 | 6.4% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $696 | $994 | $1,690 |
| 2 Bedroom | $150 | $1,720 | $1,870 |
| 3 Bedroom | $70 | $2,290 | $2,360 |
| 4 Bedroom | $210 | $2,700 | $2,910 |
Affordability — Fairview, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $533,000 |
| Median Household Income | $87,600 |