Pegram, TN—37143
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pegram, TN
As of Oct '25, the median home price in Pegram, TN is $442,000, with a year-over-year change of -0.4%. This indicates that home prices in Pegram, TN are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $442,000 | -0.4% |
| Single Family | $442,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $357,000 | -1.4% |
3 Bed | $455,000 | 0.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pegram, TN
As of July '25, Rentcast reports the average rent in Pegram, TN is $3,400, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Pegram, TN is 3-bedrooms: $3,400. The most common rental property sizes in Pegram, TN are 2-bedroom and 3-bedroom, accounting for 61.7% and 35.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,000 | $3,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pegram, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Pegram, TN is 124. This is a increase of 80.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $744,000 | 8.0% |
Listing Count | 23 | 36.0% |
| Listings as % of Homes | 0.4% | 36.0% |
Days on Market | 124 | 80.0% |
Demographics — Pegram, TN
As of the latest ACS Survey released in 2023, Pegram, TN has a population of 4,150, which has increased by 1.8% over the past 5 years. Pegram, TN is a moderately popular place for families, as children make up 22.8% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,150 | 1.8% |
% Under 18 | 22.8% | -3.4% |
% Seniors | 15.4% | 9.2% |
% WFH | 15.8% | 209.8% |
% w/ College Degree | 29.2% | 59.6% |
As of the latest ACS Survey released in 2023, Pegram, TN is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Pegram, TN is hispanic, making up 5.9% of the population. Foreign-born residents account for 2.9% of the population in Pegram, TN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.8% | -5.9% |
% Black | 3.8% | 40.7% |
% Hispanic | 5.9% | 1,375.0% |
% Asian | 1.2% | 200.0% |
% Foreign Born | 2.9% | 0.0% |
Mortgage and Risk — Pegram, TN
According to HUD data as of 2023, there were 53 mortgage originations in Pegram, TN, of which 74.0% 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 Pegram, TN. Investor activity is low, as 0.0% 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 | 53 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Pegram, TN
Pegram, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,450 |
| 2 Bedroom | N/A | N/A | $1,610 |
| 3 Bedroom | -$970 | $3,000 | $2,030 |
| 4 Bedroom | N/A | N/A | $2,500 |
Affordability — Pegram, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $442,000 |
| Median Household Income | $93,200 |