Delano, TN37325

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$250,000
0.1% YoY Growth
Median Household Income
$64,700
48.1% 5-Year Growth
Days on Market
61
25.0% Shorter than last year
Home Price Forecast
4.0%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Delano, TN

As of Oct '25, Realtor.com reports that the median days on market for a home in Delano, TN is 61. This is a decrease of -25.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$370,00062.0%
Listing Count
90.0%
Listings as % of Homes0.7%0.0%
Days on Market
61-25.0%
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Demographics — Delano, TN

As of the latest ACS Survey released in 2023, Delano, TN has a population of 1,950, which has increased by 14.2% over the past 5 years. Delano, TN is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,95014.2%
% Under 18
19.7%-31.6%
% Seniors
21.6%21.3%
% WFH
6.3%-47.5%
% w/ College Degree
12.4%51.2%
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As of the latest ACS Survey released in 2023, Delano, TN is a predominantly white area, with 95.7% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Delano, TN is hispanic, making up 1.3% of the population. Foreign-born residents account for 3.9% of the population in Delano, TN, and this percentage has increased by 116.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.7%1.5%
% Black
0.0%N/A
% Hispanic
1.3%-69.0%
% Asian
0.5%150.0%
% Foreign Born
3.9%116.7%
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Mortgage and Risk — Delano, TN

According to HUD data as of 2023, there were 50 mortgage originations in Delano, TN, of which 74.0% 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 Delano, TN. Investor activity is low, as 4.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
50
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
4.0%
% Second Loans
2.0%
% Cash Out Refinance
20.0%

Loan Activity

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Rentals and Section 8 — Delano, TN

Delano, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$790
2 BedroomN/AN/A$1,020
3 BedroomN/AN/A$1,320
4 BedroomN/AN/A$1,380

Affordability — Delano, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$250,000
Median Household Income$64,700

Delano, TN — ZIP Code Boundary Map

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Frequently Asked Questions