Corryton, TN—37721
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Corryton, TN
As of Oct '25, the median home price in Corryton, TN is $319,000, with a year-over-year change of 3.2%. This indicates that home prices in Corryton, TN are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $319,000 | 3.2% |
| Single Family | $320,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $223,000 | 4.7% |
3 Bed | $328,000 | 3.5% |
4 Bed | $426,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Corryton, TN
As of July '25, Rentcast reports the average rent in Corryton, TN is $2,130, with a year-over-year rent change of 12.7%. Per bedroom, the median rent as of July '25 in Corryton, TN is 2-bedrooms: $2,220, 3-bedrooms: $1,990, 4-bedrooms: $2,000. The most common rental property sizes in Corryton, TN are 2-bedroom and 3-bedroom, accounting for 42.4% and 39.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,220 | $2,220 |
| 3 Bed Rent | $1,980 | $1,990 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Corryton, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Corryton, TN is 61. This is a increase of 15.0% 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 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 | $377,000 | -1.0% |
Listing Count | 71 | 25.0% |
| Listings as % of Homes | 0.5% | 25.0% |
Days on Market | 61 | 15.0% |
Demographics — Corryton, TN
As of the latest ACS Survey released in 2023, Corryton, TN has a population of 14,600, which has increased by 13.4% over the past 5 years. Corryton, TN is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,600 | 13.4% |
% Under 18 | 22.6% | 1.3% |
% Seniors | 17.7% | 14.9% |
% WFH | 5.8% | 70.6% |
% w/ College Degree | 17.2% | 0.6% |
As of the latest ACS Survey released in 2023, Corryton, TN is a predominantly white area, with 93.2% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Corryton, TN is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.8% of the population in Corryton, TN, and this percentage has decreased by 20.0% 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 | 93.2% | -3.7% |
% Black | 1.1% | 120.0% |
% Hispanic | 1.2% | -25.0% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 0.8% | -20.0% |
Mortgage and Risk — Corryton, TN
According to HUD data as of 2023, there were 425 mortgage originations in Corryton, TN, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Corryton, TN. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 425 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Corryton, TN
Corryton, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 46 |
Total Units Section 8 | 46 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,250 |
| 2 Bedroom | -$690 | $2,220 | $1,530 |
| 3 Bedroom | -$10 | $1,980 | $1,970 |
| 4 Bedroom | $310 | $2,000 | $2,310 |
Affordability — Corryton, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $319,000 |
| Median Household Income | $64,700 |