Dayton, TN—37321
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dayton, TN
As of Oct '25, the median home price in Dayton, TN is $255,000, with a year-over-year change of 0.6%. This indicates that home prices in Dayton, TN are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | 0.6% |
| Single Family | $255,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $193,000 | 1.6% |
3 Bed | $290,000 | 1.0% |
4 Bed | $365,000 | -1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dayton, TN
As of July '25, Rentcast reports the average rent in Dayton, TN is $1,580, with a year-over-year rent change of 43.6%. Per bedroom, the median rent as of July '25 in Dayton, TN is studios: $1,500, 1-bedrooms: $740, 2-bedrooms: $1,390, 3-bedrooms: $2,110, 4-bedrooms: $2,300. The most common rental property sizes in Dayton, TN are 2-bedroom and 3-bedroom, accounting for 59.5% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,580 |
| Studio Rent | $1,000 | $1,500 |
| 1 Bed Rent | $740 | $740 |
| 2 Bed Rent | $1,380 | $1,390 |
| 3 Bed Rent | $1,920 | $2,110 |
| 4 Bed Rent | $2,300 | $2,300 |
% of Rental Stock
Property Listings — Dayton, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Dayton, TN is 64. This is a increase of 3.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $367,000 | 0.0% |
Listing Count | 92 | -1.0% |
| Listings as % of Homes | 0.6% | -1.0% |
Days on Market | 64 | 3.0% |
Demographics — Dayton, TN
As of the latest ACS Survey released in 2023, Dayton, TN has a population of 20,700, which has increased by 6.8% over the past 5 years. Dayton, TN is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,700 | 6.8% |
% Under 18 | 23.2% | -0.9% |
% Seniors | 16.8% | -2.9% |
% WFH | 4.7% | 46.9% |
% w/ College Degree | 18.4% | 37.3% |
As of the latest ACS Survey released in 2023, Dayton, TN is a predominantly white area, with 83.6% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Dayton, TN is hispanic, making up 9.2% of the population. Foreign-born residents account for 4.6% of the population in Dayton, TN, and this percentage has increased by 7.0% 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 | 83.6% | -3.1% |
% Black | 1.2% | -55.6% |
% Hispanic | 9.2% | 21.1% |
% Asian | 1.6% | 166.7% |
% Foreign Born | 4.6% | 7.0% |
Mortgage and Risk — Dayton, TN
According to HUD data as of 2023, there were 356 mortgage originations in Dayton, TN, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Dayton, TN. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 356 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Dayton, TN
Dayton, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 433 |
Total Units Section 8 | 188 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 59.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $740 | $690 |
| 2 Bedroom | -$480 | $1,380 | $900 |
| 3 Bedroom | -$730 | $1,920 | $1,190 |
| 4 Bedroom | -$980 | $2,300 | $1,320 |
Affordability — Dayton, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $255,000 |
| Median Household Income | $59,200 |