Oldfort, TN—37362
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oldfort, TN
As of Oct '25, the median home price in Oldfort, TN is $240,000, with a year-over-year change of -0.4%. This indicates that home prices in Oldfort, TN are flat. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | -0.4% |
| Single Family | $240,000 | 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 | $283,000 | 4.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oldfort, TN
As of July '25, Rentcast reports the average rent in Oldfort, TN is $1,030, with a year-over-year rent change of -12.7%. Per bedroom, the median rent as of July '25 in Oldfort, TN is 1-bedrooms: $750, 2-bedrooms: $1,000, 3-bedrooms: $1,350. The most common rental property sizes in Oldfort, TN are 3-bedroom and 2-bedroom, accounting for 72.2% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $750 |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | $1,350 | $1,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Oldfort, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Oldfort, TN is 46. This is a decrease of -59.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $817,000 | 114.0% |
Listing Count | 8 | -7.0% |
| Listings as % of Homes | 0.6% | -7.0% |
Days on Market | 46 | -59.0% |
Demographics — Oldfort, TN
As of the latest ACS Survey released in 2023, Oldfort, TN has a population of 3,410, which has decreased by -3.4% over the past 5 years. Oldfort, TN is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,410 | -3.4% |
% Under 18 | 21.8% | -15.5% |
% Seniors | 22.0% | 49.7% |
% WFH | 6.2% | 55.0% |
% w/ College Degree | 13.4% | 135.1% |
As of the latest ACS Survey released in 2023, Oldfort, TN is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Oldfort, TN is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.3% of the population in Oldfort, TN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.6% | -1.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.6% | 60.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | 0.0% |
Mortgage and Risk — Oldfort, TN
According to HUD data as of 2023, there were 70 mortgage originations in Oldfort, TN, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Oldfort, TN. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 70 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Oldfort, TN
Oldfort, 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $750 | $770 |
| 2 Bedroom | $10 | $1,000 | $1,010 |
| 3 Bedroom | -$30 | $1,350 | $1,320 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Oldfort, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $240,000 |
| Median Household Income | $49,400 |