Briceville, TN37710

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$105,000
14.6% YoY Growth
Median Household Income
$29,600
2.2% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
2.8%
Median Rent
$995
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$995
N/A

Property Listings — Briceville, TN

Briceville, TN lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.4%N/A
Days on Market
N/AN/A
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Demographics — Briceville, TN

As of the latest ACS Survey released in 2023, Briceville, TN has a population of 1,140, which has increased by 12.9% over the past 5 years. Briceville, TN is a less popular place for families, as children make up 14.9% of the population. The area has a poorly educated workforce, with 5.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,14012.9%
% Under 18
14.9%9.6%
% Seniors
15.1%-10.7%
% WFH
3.6%12.5%
% w/ College Degree
5.3%10.4%
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As of the latest ACS Survey released in 2023, Briceville, TN is a predominantly white area, with 98.3% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Briceville, TN is hispanic, making up 1.7% of the population. Foreign-born residents account for 0.4% of the population in Briceville, TN, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
98.3%-1.2%
% Black
0.0%N/A
% Hispanic
1.7%∞%
% Asian
0.0%N/A
% Foreign Born
0.4%∞%
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Mortgage and Risk — Briceville, TN

According to HUD data as of 2023, there were 13 mortgage originations in Briceville, TN, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Briceville, TN. Investor activity is high, as 23.0% of loans were by investors. 38.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
13
% Conventional Loans
46.0%
% Government Loans
54.0%
% Investor Loans
23.0%
% Second Loans
0.0%
% Cash Out Refinance
38.0%

Loan Activity

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Rentals and Section 8 — Briceville, TN

Briceville, TN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
1.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$900
2 BedroomN/AN/A$1,100
3 Bedroom$435$995$1,430
4 BedroomN/AN/A$1,650

Affordability — Briceville, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$105,000
Median Household Income$29,600

Briceville, TN — ZIP Code Boundary Map

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Frequently Asked Questions