Pleasant Shade, TN—37145
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pleasant Shade, TN
As of Oct '25, the median home price in Pleasant Shade, TN is $232,000, with a year-over-year change of -0.9%. This indicates that home prices in Pleasant Shade, 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 | $232,000 | -0.9% |
| Single Family | $232,000 | -0.4% |
| 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 | $323,000 | 0.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pleasant Shade, TN
Pleasant Shade, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pleasant Shade, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Pleasant Shade, TN is 61. This is a increase of 6.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $355,000 | 10.0% |
Listing Count | 26 | 59.0% |
| Listings as % of Homes | 0.7% | 59.0% |
Days on Market | 61 | 6.0% |
Demographics — Pleasant Shade, TN
As of the latest ACS Survey released in 2023, Pleasant Shade, TN has a population of 2,420, which has increased by 15.6% over the past 5 years. Pleasant Shade, TN is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 12.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,420 | 15.6% |
% Under 18 | 21.5% | -3.6% |
% Seniors | 19.5% | 15.4% |
% WFH | 18.2% | 391.9% |
% w/ College Degree | 12.9% | 21.7% |
As of the latest ACS Survey released in 2023, Pleasant Shade, TN is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Pleasant Shade, TN is hispanic, making up 1.2% of the population. Foreign-born residents account for 1.0% of the population in Pleasant Shade, TN, and this percentage has decreased by 28.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.1% | -2.1% |
% Black | 0.0% | N/A |
% Hispanic | 1.2% | -42.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.0% | -28.6% |
Mortgage and Risk — Pleasant Shade, TN
According to HUD data as of 2023, there were 101 mortgage originations in Pleasant Shade, TN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Pleasant Shade, TN. Investor activity is low, as 10.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 101 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 10.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Pleasant Shade, TN
Pleasant Shade, 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 | $730 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | -$380 | $1,600 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — Pleasant Shade, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $232,000 |
| Median Household Income | $65,100 |