Dunlap, TN—37327
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dunlap, TN
As of Oct '25, the median home price in Dunlap, TN is $267,000, with a year-over-year change of 1.8%. This indicates that home prices in Dunlap, TN are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $267,000 | 1.8% |
| Single Family | $267,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $189,000 | 1.1% |
3 Bed | $293,000 | 1.0% |
4 Bed | $411,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dunlap, TN
As of July '25, Rentcast reports the average rent in Dunlap, TN is $1,180, with a year-over-year rent change of -18.6%. Per bedroom, the median rent as of July '25 in Dunlap, TN is 2-bedrooms: $879, 3-bedrooms: $1,480. The most common rental property sizes in Dunlap, TN are 3-bedroom and 2-bedroom, accounting for 40.4% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $908 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $879 |
| 3 Bed Rent | $950 | $1,480 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dunlap, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Dunlap, TN is 72. This is a increase of 9.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $427,000 | 15.0% |
Listing Count | 112 | 35.0% |
| Listings as % of Homes | 0.9% | 35.0% |
Days on Market | 72 | 9.0% |
Demographics — Dunlap, TN
As of the latest ACS Survey released in 2023, Dunlap, TN has a population of 12,400, which has increased by 6.1% over the past 5 years. Dunlap, TN is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | 6.1% |
% Under 18 | 20.4% | -10.1% |
% Seniors | 22.0% | 3.3% |
% WFH | 11.9% | 213.2% |
% w/ College Degree | 18.2% | 27.3% |
As of the latest ACS Survey released in 2023, Dunlap, TN is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Dunlap, TN is hispanic, making up 5.1% of the population. Foreign-born residents account for 3.1% of the population in Dunlap, TN, and this percentage has increased by 29.2% 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 | 90.7% | -2.8% |
% Black | 0.6% | 200.0% |
% Hispanic | 5.1% | 27.5% |
% Asian | 0.2% | ∞% |
% Foreign Born | 3.1% | 29.2% |
Mortgage and Risk — Dunlap, TN
According to HUD data as of 2023, there were 223 mortgage originations in Dunlap, TN, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Dunlap, TN. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 223 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Dunlap, TN
Dunlap, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 180 |
Total Units Section 8 | 180 |
% Rentals under Section 8 | 14.3% |
% Occupied Section 8 | 88.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | $300 | $850 | $1,150 |
| 3 Bedroom | $500 | $950 | $1,450 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Dunlap, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $267,000 |
| Median Household Income | $51,900 |