Rockvale, TN37153

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$473,000
1.6% YoY Growth
Median Household Income
$90,600
7.2% 5-Year Growth
Days on Market
82
12.0% Shorter than last year
Home Price Forecast
1.3%
Median Rent
$2,500
1.7% YoY Growth
1-Bed Rent
$1,050
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,150
0.0% YoY Growth

Property Listings — Rockvale, TN

As of Oct '25, Realtor.com reports that the median days on market for a home in Rockvale, TN is 82. This is a decrease of -12.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$489,0003.0%
Listing Count
44-12.0%
Listings as % of Homes1.3%-12.0%
Days on Market
82-12.0%
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Demographics — Rockvale, TN

As of the latest ACS Survey released in 2023, Rockvale, TN has a population of 4,890, which has decreased by -25.5% over the past 5 years. Rockvale, TN is a popular place for families, as children make up 27.4% of the population. The area has a moderately educated workforce, with 34.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,890-25.5%
% Under 18
27.4%6.2%
% Seniors
18.7%87.0%
% WFH
15.5%86.7%
% w/ College Degree
34.9%-1.1%
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As of the latest ACS Survey released in 2023, Rockvale, TN is a predominantly white area, with 91.8% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Rockvale, TN is hispanic, making up 3.1% of the population. Foreign-born residents account for 1.9% of the population in Rockvale, TN, and this percentage has decreased by 36.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.8%0.5%
% Black
2.1%5.0%
% Hispanic
3.1%93.8%
% Asian
0.2%-93.9%
% Foreign Born
1.9%-36.7%
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Mortgage and Risk — Rockvale, TN

According to HUD data as of 2023, there were 263 mortgage originations in Rockvale, TN, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Rockvale, TN. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
263
% Conventional Loans
66.0%
% Government Loans
34.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Rockvale, TN

Rockvale, 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
0.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$780$1,050$1,830
2 BedroomN/AN/A$2,020
3 Bedroom$410$2,150$2,560
4 Bedroom$140$3,000$3,140

Affordability — Rockvale, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.8
Median Home Price$473,000
Median Household Income$90,600

Rockvale, TN — ZIP Code Boundary Map

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Frequently Asked Questions