Clairfield, TN—37715
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clairfield, TN
Clairfield, TN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $61,000 | -19.5% |
| Single Family | $61,000 | -18.7% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clairfield, TN
Clairfield, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Clairfield, TN
Clairfield, TN lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $189,000 | N/A |
Listing Count | 1 | N/A |
| Listings as % of Homes | 0.2% | N/A |
Days on Market | 52 | N/A |
Demographics — Clairfield, TN
As of the latest ACS Survey released in 2023, Clairfield, TN has a population of 811, which has increased by 10.6% over the past 5 years. Clairfield, TN is a less popular place for families, as children make up 11.0% of the population. The area has a poorly educated workforce, with 10.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 811 | 10.6% |
% Under 18 | 11.0% | -47.4% |
% Seniors | 24.8% | 38.5% |
% WFH | 10.7% | ∞% |
% w/ College Degree | 10.7% | 494.4% |
As of the latest ACS Survey released in 2023, Clairfield, TN is a predominantly white area, with 99.8% of the population identifying as white. The white population has grown by 5.4% in the last 5 years. The second most common race or ethnicity in Clairfield, TN is black, making up 0.0% of the population. Foreign-born residents account for 1.1% of the population in Clairfield, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.8% | 5.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 1.1% | ∞% |
Mortgage and Risk — Clairfield, TN
According to HUD data as of 2023, there were 2 mortgage originations in Clairfield, TN, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 110.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Clairfield, TN. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 2 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Clairfield, TN
Clairfield, 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 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Clairfield, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $61,000 |
| Median Household Income | $25,400 |