Cosby, TN—37722
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cosby, TN
As of Oct '25, the median home price in Cosby, TN is $255,000, with a year-over-year change of -0.5%. This indicates that home prices in Cosby, TN are flat. 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | -0.5% |
| Single Family | $256,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $289,000 | 0.3% |
3 Bed | $335,000 | 0.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cosby, TN
As of July '25, Rentcast reports the average rent in Cosby, TN is $1,780, with a year-over-year rent change of 122.5%. Per bedroom, the median rent as of July '25 in Cosby, TN is 1-bedrooms: $1,450, 2-bedrooms: $1,800, 3-bedrooms: $2,400. The most common rental property sizes in Cosby, TN are 2-bedroom and 3-bedroom, accounting for 59.3% and 19.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,450 |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $2,400 | $2,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cosby, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Cosby, TN is 101. 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $480,000 | -1.0% |
Listing Count | 71 | 21.0% |
| Listings as % of Homes | 1.0% | 21.0% |
Days on Market | 101 | 15.0% |
Demographics — Cosby, TN
As of the latest ACS Survey released in 2023, Cosby, TN has a population of 7,430, which has increased by 38.1% over the past 5 years. Cosby, TN is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,430 | 38.1% |
% Under 18 | 18.3% | 22.8% |
% Seniors | 27.5% | 5.4% |
% WFH | 11.1% | 136.2% |
% w/ College Degree | 15.5% | 0.0% |
As of the latest ACS Survey released in 2023, Cosby, TN is a predominantly white area, with 91.3% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Cosby, TN is hispanic, making up 5.7% of the population. Foreign-born residents account for 3.7% of the population in Cosby, TN, and this percentage has increased by 825.0% 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 | 91.3% | -5.7% |
% Black | 0.0% | N/A |
% Hispanic | 5.7% | 216.7% |
% Asian | 0.3% | ∞% |
% Foreign Born | 3.7% | 825.0% |
Mortgage and Risk — Cosby, TN
According to HUD data as of 2023, there were 43 mortgage originations in Cosby, TN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Cosby, TN. Investor activity is low, as 2.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Cosby, TN
Cosby, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$640 | $1,450 | $810 |
| 2 Bedroom | -$820 | $1,800 | $980 |
| 3 Bedroom | -$1,130 | $2,400 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Cosby, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $255,000 |
| Median Household Income | $48,200 |