Hixson, TN—37343
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hixson, TN
As of Oct '25, the median home price in Hixson, TN is $358,000, with a year-over-year change of -0.1%. This indicates that home prices in Hixson, TN are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $358,000 | -0.1% |
| Single Family | $358,000 | -0.3% |
| Condos | $355,000 | 5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $282,000 | -0.7% |
3 Bed | $333,000 | -0.6% |
4 Bed | $435,000 | 0.2% |
| 5 Bed | $552,000 | 0.5% |
% of Housing Stock
Rental Trends — Hixson, TN
As of July '25, Rentcast reports the average rent in Hixson, TN is $1,650, with a year-over-year rent change of -6.2%. Per bedroom, the median rent as of July '25 in Hixson, TN is studios: $1,840, 1-bedrooms: $1,090, 2-bedrooms: $1,280, 3-bedrooms: $2,130, 4-bedrooms: $2,370. The most common rental property sizes in Hixson, TN are 3-bedroom and 2-bedroom, accounting for 36.3% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,650 |
| Studio Rent | $1,300 | $1,840 |
| 1 Bed Rent | $975 | $1,090 |
| 2 Bed Rent | $1,280 | $1,280 |
| 3 Bed Rent | $2,190 | $2,130 |
| 4 Bed Rent | $2,400 | $2,370 |
% of Rental Stock
Property Listings — Hixson, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Hixson, TN is 44. This is a increase of 6.0% 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 | $428,000 | 1.0% |
Listing Count | 228 | 28.0% |
| Listings as % of Homes | 0.8% | 28.0% |
Days on Market | 44 | 6.0% |
Demographics — Hixson, TN
As of the latest ACS Survey released in 2023, Hixson, TN has a population of 44,600, which has increased by 7.0% over the past 5 years. Hixson, TN is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 38.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,600 | 7.0% |
% Under 18 | 21.2% | 0.5% |
% Seniors | 22.2% | 13.3% |
% WFH | 16.6% | 260.9% |
% w/ College Degree | 38.4% | 15.7% |
As of the latest ACS Survey released in 2023, Hixson, TN is a predominantly white area, with 82.8% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Hixson, TN is hispanic, making up 7.1% of the population. Foreign-born residents account for 5.3% of the population in Hixson, TN, and this percentage has increased by 39.5% 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 | 82.8% | -4.4% |
% Black | 4.7% | -9.6% |
% Hispanic | 7.1% | 102.9% |
% Asian | 2.1% | -8.7% |
% Foreign Born | 5.3% | 39.5% |
Mortgage and Risk — Hixson, TN
According to HUD data as of 2023, there were 530 mortgage originations in Hixson, TN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Hixson, TN. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 530 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Hixson, TN
As of 2024, the percent of homes in Hixson, TN under the Section 8 program is 9.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Hixson, TN, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 382 |
Total Units Section 8 | 382 |
% Rentals under Section 8 | 9.5% |
% Occupied Section 8 | 81.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $435 | $975 | $1,410 |
| 2 Bedroom | $290 | $1,280 | $1,570 |
| 3 Bedroom | -$210 | $2,190 | $1,980 |
| 4 Bedroom | -$260 | $2,400 | $2,140 |
Affordability — Hixson, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $358,000 |
| Median Household Income | $79,200 |