Cowan, TN—37318
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cowan, TN
As of Oct '25, the median home price in Cowan, TN is $187,000, with a year-over-year change of -0.4%. This indicates that home prices in Cowan, TN are flat. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | -0.5% |
| Single Family | $187,000 | 0.0% |
| 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 | $203,000 | 2.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cowan, TN
As of July '25, Rentcast reports the average rent in Cowan, TN is $1,250, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Cowan, TN is 2-bedrooms: $1,250, 3-bedrooms: $1,250. The most common rental property sizes in Cowan, TN are 2-bedroom and 3-bedroom, accounting for 51.7% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,250 |
| 3 Bed Rent | $1,200 | $1,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cowan, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Cowan, TN is 86. This is a decrease of -47.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $221,000 | 16.0% |
Listing Count | 9 | -14.0% |
| Listings as % of Homes | 0.2% | -14.0% |
Days on Market | 86 | -47.0% |
Demographics — Cowan, TN
As of the latest ACS Survey released in 2023, Cowan, TN has a population of 2,240, which has increased by 41.6% over the past 5 years. Cowan, TN is a popular place for families, as children make up 31.8% of the population. The area has a poorly educated workforce, with 11.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,240 | 41.6% |
% Under 18 | 31.8% | 47.2% |
% Seniors | 20.0% | -2.0% |
% WFH | 5.0% | ∞% |
% w/ College Degree | 11.8% | -3.3% |
As of the latest ACS Survey released in 2023, Cowan, TN is a predominantly white area, with 86.0% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Cowan, TN is black, making up 9.1% of the population. Foreign-born residents account for 0.3% of the population in Cowan, TN, and this percentage has decreased by 85.7% 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 | 86.0% | 2.7% |
% Black | 9.1% | 1.1% |
% Hispanic | 0.9% | -84.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | -85.7% |
Mortgage and Risk — Cowan, TN
Cowan, TN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Cowan, TN
Cowan, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 77 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | -$300 | $1,200 | $900 |
| 3 Bedroom | -$20 | $1,200 | $1,180 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Cowan, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $187,000 |
| Median Household Income | $41,500 |