Smyrna, TN 37167 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Smyrna, TN—37167

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$401,000

0.1% YoY Growth

Household Income

$79,700

25.9% YoY Growth

Days on Market

35.0% Longer YoY

Home Price Forecast

1.6%

Median Rent

$2,210

0.0% YoY Growth

1-Bed Rent

$1,330

6.4% YoY Growth

2-Bed Rent

$1,620

1.8% YoY Growth

3-Bed Rent

$2,220

5.7% YoY Growth

Home Price Trends — Smyrna, TN

As of Dec '25, the median home price in Smyrna, TN is $401,000, with a year-over-year change of 0.1%. This indicates that home prices in Smyrna, 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	$401,000	0.1%
Single Family	$401,000	0.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Smyrna, TN

As of July '25, Rentcast reports the average rent in Smyrna, TN is $2,150, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Smyrna, TN is studios: $2,250, 1-bedrooms: $1,310, 2-bedrooms: $1,720, 3-bedrooms: $2,210, 4-bedrooms: $2,530. The most common rental property sizes in Smyrna, TN are 2-bedroom and 3-bedroom, accounting for 44.4% and 30.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,210	$2,150
Studio Rent	$2,250	$2,250
1 Bed Rent	$1,330	$1,310
2 Bed Rent	$1,620	$1,720
3 Bed Rent	$2,220	$2,210
4 Bed Rent	$2,500	$2,530

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% of Rental Stock

Studio

4.0%

1 Bedroom

16.0%

2 Bedrooms

44.4%

3 Bedrooms

30.8%

4 Bedrooms

3.8%

5+ Bedrooms

1.1%

Property Listings — Smyrna, TN

As of Dec '25, Realtor.com reports that the median days on market for a home in Smyrna, TN is 65. This is a increase of 36.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$446,000	-6.0%
Listing Count	322	-12.0%
Listings as % of Homes	0.7%	-12.0%
Days on Market	80	35.0%

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Demographics — Smyrna, TN

As of the latest ACS Survey released in 2023, Smyrna, TN has a population of 63,700, which has increased by 7.8% over the past 5 years. Smyrna, TN is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	63,700	7.8%
% Under 18	26.1%	4.8%
% Seniors	10.8%	5.9%
% WFH	11.4%	235.3%
% w/ College Degree	28.1%	16.1%

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As of the latest ACS Survey released in 2023, Smyrna, TN is a predominantly white area, with 59.9% of the population identifying as white. The white population has shrunk by 16.0% in the last 5 years. The second most common race or ethnicity in Smyrna, TN is hispanic, making up 15.4% of the population. Foreign-born residents account for 15.6% of the population in Smyrna, TN, and this percentage has increased by 79.3% 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	59.9%	-16.0%
% Black	14.7%	22.5%
% Hispanic	15.4%	63.8%
% Asian	4.8%	0.0%
% Foreign Born	15.6%	79.3%

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Mortgage and Risk — Smyrna, TN

According to HUD data as of 2023, there were 1559 mortgage originations in Smyrna, TN, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Smyrna, TN. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	1,559
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Smyrna, TN

As of 2024, the percent of homes in Smyrna, TN under the Section 8 program is 5.7%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Smyrna, TN, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	497
Total Units Section 8	497
% Rentals under Section 8	5.7%
% Occupied Section 8	94.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$180	$1,330	$1,510
2 Bedroom	$50	$1,620	$1,670
3 Bedroom	-$110	$2,220	$2,110
4 Bedroom	$100	$2,500	$2,600

Smyrna, TN—37167

Key Metrics at a Glance

Home Price Trends — Smyrna, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Smyrna, TN

% of Rental Stock

Property Listings — Smyrna, TN

Demographics — Smyrna, TN

Race and Ethnicity

Mortgage and Risk — Smyrna, TN

Mortgages

Rentals and Section 8 — Smyrna, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Smyrna, TN

Home Price to Income Ratio

Smyrna, TN — ZIP Code Boundary Map

Nearby ZIP Codes

La Vergne, TN

Murfreesboro, TN

Gallatin, Nashville, TN

Nolensville, TN

Arrington, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5
Median Home Price	$401,000
Median Household Income	$79,700

Smyrna, TN—37167

Key Metrics at a Glance

Home Price Trends — Smyrna, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Smyrna, TN

% of Rental Stock

Property Listings — Smyrna, TN

Demographics — Smyrna, TN

Race and Ethnicity

Mortgage and Risk — Smyrna, TN

Mortgages

Rentals and Section 8 — Smyrna, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Smyrna, TN

Home Price to Income Ratio

Smyrna, TN — ZIP Code Boundary Map

Nearby ZIP Codes

La Vergne, TN

Murfreesboro, TN

Gallatin, Nashville, TN

Nolensville, TN

Arrington, TN

Frequently Asked Questions

What is the average home price in Smyrna, TN 37167?

How have home prices in Smyrna, TN 37167 changed over the past year?

What is the home price projection for Smyrna, TN 37167?

What are the demographics of Smyrna, TN 37167?

How long does it take homes to sell in Smyrna, TN 37167?

What is the average rent price in Smyrna, TN 37167?