Caryville, TN—37714
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Caryville, TN
As of Oct '25, the median home price in Caryville, TN is $240,000, with a year-over-year change of 1.0%. This indicates that home prices in Caryville, TN are flat. According to Zillow, the 1-year price projection is 4.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 1.0% |
| Single Family | $232,000 | 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 | N/A | N/A |
3 Bed | $317,000 | 1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Caryville, TN
As of July '25, Rentcast reports the average rent in Caryville, TN is $1,650, with a year-over-year rent change of 73.7%. Per bedroom, the median rent as of July '25 in Caryville, TN is 3-bedrooms: $1,500, 4-bedrooms: $1,800. The most common rental property sizes in Caryville, TN are 2-bedroom and 3-bedroom, accounting for 43.0% and 39.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Caryville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Caryville, TN is 54. This is a decrease of -23.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | -18.0% |
Listing Count | 17 | 5.0% |
| Listings as % of Homes | 0.5% | 5.0% |
Days on Market | 54 | -23.0% |
Demographics — Caryville, TN
As of the latest ACS Survey released in 2023, Caryville, TN has a population of 4,150, which has decreased by -14.0% over the past 5 years. Caryville, TN is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 10.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,150 | -14.0% |
% Under 18 | 23.1% | -6.9% |
% Seniors | 30.0% | 82.9% |
% WFH | 11.3% | 769.2% |
% w/ College Degree | 10.0% | -31.0% |
As of the latest ACS Survey released in 2023, Caryville, TN is a predominantly white area, with 98.0% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Caryville, TN is hispanic, making up 0.5% of the population. Foreign-born residents account for 0.0% of the population in Caryville, TN, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.0% | 0.0% |
% Black | 0.0% | N/A |
% Hispanic | 0.5% | -16.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Caryville, TN
According to HUD data as of 2023, there were 88 mortgage originations in Caryville, TN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Caryville, TN. Investor activity is low, as 9.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 9.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Caryville, TN
Caryville, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | -$180 | $1,500 | $1,320 |
| 4 Bedroom | -$470 | $1,800 | $1,330 |
Affordability — Caryville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $240,000 |
| Median Household Income | $53,400 |