Soddy-Daisy, TN—37379
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Soddy-Daisy, TN
As of Oct '25, the median home price in Soddy-Daisy, TN is $354,000, with a year-over-year change of 1.0%. This indicates that home prices in Soddy-Daisy, 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 | $354,000 | 1.0% |
| Single Family | $354,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $226,000 | -0.9% |
3 Bed | $357,000 | 1.4% |
4 Bed | $521,000 | 2.8% |
| 5 Bed | $718,000 | 4.2% |
% of Housing Stock
Rental Trends — Soddy-Daisy, TN
As of July '25, Rentcast reports the average rent in Soddy-Daisy, TN is $1,760, with a year-over-year rent change of -13.3%. Per bedroom, the median rent as of July '25 in Soddy-Daisy, TN is 1-bedrooms: $1,080, 2-bedrooms: $1,080, 3-bedrooms: $1,960, 4-bedrooms: $2,600. The most common rental property sizes in Soddy-Daisy, TN are 3-bedroom and 2-bedroom, accounting for 38.4% and 35.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,460 | $1,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $1,080 |
| 2 Bed Rent | $950 | $1,080 |
| 3 Bed Rent | $1,820 | $1,960 |
| 4 Bed Rent | $1,950 | $2,600 |
% of Rental Stock
Property Listings — Soddy-Daisy, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Soddy-Daisy, TN is 58. This is a decrease of -2.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $461,000 | 9.0% |
Listing Count | 175 | 55.0% |
| Listings as % of Homes | 0.7% | 55.0% |
Days on Market | 58 | -2.0% |
Demographics — Soddy-Daisy, TN
As of the latest ACS Survey released in 2023, Soddy-Daisy, TN has a population of 29,000, which has increased by 5.3% over the past 5 years. Soddy-Daisy, TN is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,000 | 5.3% |
% Under 18 | 21.4% | 4.4% |
% Seniors | 18.6% | -2.1% |
% WFH | 10.6% | 96.3% |
% w/ College Degree | 26.0% | 16.1% |
As of the latest ACS Survey released in 2023, Soddy-Daisy, TN is a predominantly white area, with 93.0% 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 Soddy-Daisy, TN is hispanic, making up 1.7% of the population. Foreign-born residents account for 1.2% of the population in Soddy-Daisy, 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 | 93.0% | -2.8% |
% Black | 0.6% | -50.0% |
% Hispanic | 1.7% | 13.3% |
% Asian | 0.6% | 500.0% |
% Foreign Born | 1.2% | 0.0% |
Mortgage and Risk — Soddy-Daisy, TN
According to HUD data as of 2023, there were 599 mortgage originations in Soddy-Daisy, TN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Soddy-Daisy, TN. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 599 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Soddy-Daisy, TN
As of 2024, the percent of homes in Soddy-Daisy, TN under the Section 8 program is 2.0%. 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 Soddy-Daisy, TN, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 52 |
Total Units Section 8 | 52 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $900 | $1,170 |
| 2 Bedroom | $350 | $950 | $1,300 |
| 3 Bedroom | -$190 | $1,820 | $1,630 |
| 4 Bedroom | -$180 | $1,950 | $1,770 |
Affordability — Soddy-Daisy, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $354,000 |
| Median Household Income | $85,500 |