Sewanee, TN37375

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$397,000
1.7% YoY Growth
Median Household Income
$78,500
30.9% 5-Year Growth
Days on Market
109
11.0% Shorter than last year
Home Price Forecast
2.7%
Median Rent
$1,200
48.9% YoY Growth
1-Bed Rent
$1,200
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Sewanee, TN

As of Oct '25, Realtor.com reports that the median days on market for a home in Sewanee, TN is 109. This is a decrease of -11.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$559,000-21.0%
Listing Count
1814.0%
Listings as % of Homes0.6%14.0%
Days on Market
109-11.0%
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Demographics — Sewanee, TN

As of the latest ACS Survey released in 2023, Sewanee, TN has a population of 4,000, which has remained stable by -0.6% over the past 5 years. Sewanee, TN is a less popular place for families, as children make up 8.9% of the population. The area has a highly educated workforce, with 64.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,000-0.6%
% Under 18
8.9%-18.3%
% Seniors
21.5%25.0%
% WFH
8.0%60.0%
% w/ College Degree
64.6%16.4%
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As of the latest ACS Survey released in 2023, Sewanee, TN is a predominantly white area, with 86.7% 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 Sewanee, TN is hispanic, making up 5.2% of the population. Foreign-born residents account for 4.1% of the population in Sewanee, TN, and this percentage has increased by 28.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.7%-3.1%
% Black
2.2%-42.1%
% Hispanic
5.2%67.7%
% Asian
0.7%-66.7%
% Foreign Born
4.1%28.1%
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Mortgage and Risk — Sewanee, TN

According to HUD data as of 2023, there were 54 mortgage originations in Sewanee, TN, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Sewanee, TN. Investor activity is low, as 9.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
54
% Conventional Loans
93.0%
% Government Loans
7.0%
% Investor Loans
9.0%
% Second Loans
17.0%
% Cash Out Refinance
2.0%

Loan Activity

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Rentals and Section 8 — Sewanee, TN

Sewanee, 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 Bedroom-$70$1,200$1,130
2 BedroomN/AN/A$1,410
3 BedroomN/AN/A$1,850
4 BedroomN/AN/A$2,210

Affordability — Sewanee, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.9
Median Home Price$397,000
Median Household Income$78,500

Sewanee, TN — ZIP Code Boundary Map

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Frequently Asked Questions