Tennessee Ridge, TN—37178
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tennessee Ridge, TN
As of Oct '25, the median home price in Tennessee Ridge, TN is $222,000, with a year-over-year change of -1.2%. This indicates that home prices in Tennessee Ridge, TN are decreasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $222,000 | -1.2% |
| Single Family | $222,000 | -1.8% |
| 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 | $256,000 | 1.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tennessee Ridge, TN
Tennessee Ridge, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,940 | $1,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,940 | $1,940 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Tennessee Ridge, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Tennessee Ridge, TN is 108. This is a increase of 17.0% 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 | $297,000 | -15.0% |
Listing Count | 13 | 15.0% |
| Listings as % of Homes | 0.9% | 15.0% |
Days on Market | 108 | 17.0% |
Demographics — Tennessee Ridge, TN
As of the latest ACS Survey released in 2023, Tennessee Ridge, TN has a population of 2,030, which has decreased by -6.6% over the past 5 years. Tennessee Ridge, TN is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 14.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,030 | -6.6% |
% Under 18 | 18.1% | -18.8% |
% Seniors | 20.2% | 8.0% |
% WFH | 6.7% | 272.2% |
% w/ College Degree | 14.9% | 47.5% |
As of the latest ACS Survey released in 2023, Tennessee Ridge, TN is a predominantly white area, with 94.5% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Tennessee Ridge, TN is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.9% of the population in Tennessee Ridge, TN, and this percentage has decreased by 59.1% 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 | 94.5% | -2.9% |
% Black | 0.5% | 150.0% |
% Hispanic | 0.7% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | -59.1% |
Mortgage and Risk — Tennessee Ridge, TN
According to HUD data as of 2023, there were 81 mortgage originations in Tennessee Ridge, TN, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Tennessee Ridge, TN. Investor activity is low, as 6.0% 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 | 81 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 6.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Tennessee Ridge, TN
Tennessee Ridge, 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 | $760 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | -$700 | $1,940 | $1,240 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Tennessee Ridge, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $222,000 |
| Median Household Income | $57,400 |