La Vergne, TN—37086
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Vergne, TN
As of Oct '25, the median home price in La Vergne, TN is $344,000, with a year-over-year change of -2.0%. This indicates that home prices in La Vergne, TN are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | -2.0% |
| Single Family | $347,000 | -2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $266,000 | -2.2% |
3 Bed | $339,000 | -1.7% |
4 Bed | $428,000 | -1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — La Vergne, TN
As of July '25, Rentcast reports the average rent in La Vergne, TN is $2,050, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in La Vergne, TN is 1-bedrooms: $999, 2-bedrooms: $1,540, 3-bedrooms: $1,980, 4-bedrooms: $2,420. The most common rental property sizes in La Vergne, TN are 3-bedroom and 2-bedroom, accounting for 61.2% and 16.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $999 | $999 |
| 2 Bed Rent | $1,570 | $1,540 |
| 3 Bed Rent | $1,960 | $1,980 |
| 4 Bed Rent | $2,300 | $2,420 |
% of Rental Stock
Property Listings — La Vergne, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in La Vergne, TN is 45. This is a increase of 20.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 2.0% |
Listing Count | 186 | 18.0% |
| Listings as % of Homes | 1.0% | 18.0% |
Days on Market | 45 | 20.0% |
Demographics — La Vergne, TN
As of the latest ACS Survey released in 2023, La Vergne, TN has a population of 37,800, which has increased by 10.4% over the past 5 years. La Vergne, TN is a popular place for families, as children make up 28.8% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,800 | 10.4% |
% Under 18 | 28.8% | -8.9% |
% Seniors | 7.1% | -1.4% |
% WFH | 10.6% | 241.9% |
% w/ College Degree | 22.8% | 15.2% |
As of the latest ACS Survey released in 2023, La Vergne, TN is a predominantly white area, with 43.0% of the population identifying as white. The white population has shrunk by 16.2% in the last 5 years. The second most common race or ethnicity in La Vergne, TN is black, making up 27.8% of the population. Foreign-born residents account for 17.9% of the population in La Vergne, TN, and this percentage has increased by 25.2% 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 | 43.0% | -16.2% |
% Black | 27.8% | 25.8% |
% Hispanic | 24.2% | 11.5% |
% Asian | 2.4% | 26.3% |
% Foreign Born | 17.9% | 25.2% |
Mortgage and Risk — La Vergne, TN
According to HUD data as of 2023, there were 798 mortgage originations in La Vergne, TN, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in La Vergne, TN. Investor activity is low, as 4.0% 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 | 798 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — La Vergne, TN
As of 2024, the percent of homes in La Vergne, 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. In La Vergne, 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 | 155 |
Total Units Section 8 | 105 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $891 | $999 | $1,890 |
| 2 Bedroom | $520 | $1,570 | $2,090 |
| 3 Bedroom | $680 | $1,960 | $2,640 |
| 4 Bedroom | $950 | $2,300 | $3,250 |
Affordability — La Vergne, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $344,000 |
| Median Household Income | $79,300 |