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Piney Flats, TN—37686

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$390,000
2.7% YoY Growth
Household Income
$84,900
67.4% YoY Growth
Days on Market
50
29.0% Longer YoY
Home Price Forecast
2.1%
Median Rent
$2,300
26.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,300
94.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Piney Flats, TN

As of May '26, the median home price in Piney Flats, TN is $390,000, with a year-over-year change of 2.7%. This indicates that home prices in Piney Flats, TN are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$390,0002.7%
Single Family $396,0002.9%
Condos $235,0009.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$267,0003.5%
    3 Bed
    		$398,0002.3%
    4 Bed
    		$525,0003.1%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    1.9%
    2 Bedrooms
    20.2%
    3 Bedrooms
    52.0%
    4 Bedrooms
    17.1%
    5+ Bedrooms
    8.7%

    Rental Trends — Piney Flats, TN

    As of July '25, Rentcast reports the average rent in Piney Flats, TN is $2,520, with a year-over-year rent change of 26.0%. Per bedroom, the median rent as of July '25 in Piney Flats, TN is 3-bedrooms: $2,300, 4-bedrooms: $2,800. The most common rental property sizes in Piney Flats, TN are 2-bedroom and 3-bedroom, accounting for 55.9% and 32.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,300$2,520
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $2,300$2,300
    4 Bed Rent $2,650$2,800
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    % of Rental Stock

    1 Bedroom
    8.1%
    2 Bedrooms
    55.9%
    3 Bedrooms
    32.1%
    4 Bedrooms
    2.9%
    5+ Bedrooms
    1.0%

    Property Listings — Piney Flats, TN

    As of May '26, Realtor.com reports that the median days on market for a home in Piney Flats, TN is 50. This is a increase of 29.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$520,0000.0%
    Listing Count
    		481.0%
    Listings as % of Homes0.7%1.0%
    Days on Market
    		5029.0%
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    Demographics — Piney Flats, TN

    As of the latest ACS Survey released in 2023, Piney Flats, TN has a population of 9,150, which has increased by 10.9% over the past 5 years. Piney Flats, TN is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 36.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		9,15010.9%
    % Under 18
    		19.0%-5.0%
    % Seniors
    		17.1%-3.4%
    % WFH
    		9.3%86.0%
    % w/ College Degree
    		36.1%62.6%
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    As of the latest ACS Survey released in 2023, Piney Flats, TN is a predominantly white area, with 91.7% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Piney Flats, TN is asian, making up 3.0% of the population. Foreign-born residents account for 1.3% of the population in Piney Flats, TN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		91.7%-5.5%
    % Black
    		1.3%225.0%
    % Hispanic
    		2.3%109.1%
    % Asian
    		3.0%200.0%
    % Foreign Born
    		1.3%0.0%
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    Mortgage and Risk — Piney Flats, TN

    According to HUD data as of 2023, there were 228 mortgage originations in Piney Flats, TN, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Piney Flats, TN. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		228
    % Conventional Loans
    		77.0%
    % Government Loans
    		23.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		11.0%
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    Rentals and Section 8 — Piney Flats, TN

    Piney Flats, TN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		12
    Total Units Section 8
    		12
    % Rentals under Section 8
    		1.8%
    % Occupied Section 8
    		90.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,140
    2 BedroomN/AN/A$1,440
    3 Bedroom-$450$2,300$1,850
    4 Bedroom-$530$2,650$2,120

    Affordability — Piney Flats, TN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.9
    Median Home Price$390,000
    Median Household Income$84,900

    Piney Flats, TN — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    37694

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    Frequently Asked Questions