Harriman, TN—37748
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harriman, TN
As of Oct '25, the median home price in Harriman, TN is $228,000, with a year-over-year change of -0.5%. This indicates that home prices in Harriman, TN are flat. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | -0.5% |
| Single Family | $228,000 | 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 | $186,000 | 1.1% |
3 Bed | $274,000 | 3.0% |
4 Bed | $338,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Harriman, TN
As of July '25, Rentcast reports the average rent in Harriman, TN is $1,120, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Harriman, TN is 1-bedrooms: $887, 2-bedrooms: $1,090, 3-bedrooms: $1,570. The most common rental property sizes in Harriman, TN are 2-bedroom and 3-bedroom, accounting for 43.9% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $895 | $887 |
| 2 Bed Rent | $1,000 | $1,090 |
| 3 Bed Rent | $1,650 | $1,570 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Harriman, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Harriman, TN is 52. This is a decrease of -21.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $320,000 | 17.0% |
Listing Count | 100 | 18.0% |
| Listings as % of Homes | 0.6% | 18.0% |
Days on Market | 52 | -21.0% |
Demographics — Harriman, TN
As of the latest ACS Survey released in 2023, Harriman, TN has a population of 17,000, which has remained stable by 1.0% over the past 5 years. Harriman, TN is a moderately popular place for families, as children make up 18.7% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,000 | 1.0% |
% Under 18 | 18.7% | 4.5% |
% Seniors | 19.9% | -5.2% |
% WFH | 4.9% | 88.5% |
% w/ College Degree | 20.2% | 80.4% |
As of the latest ACS Survey released in 2023, Harriman, TN is a predominantly white area, with 89.7% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Harriman, TN is black, making up 4.4% of the population. Foreign-born residents account for 0.8% of the population in Harriman, TN, and this percentage has increased by 33.3% 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 | 89.7% | -3.8% |
% Black | 4.4% | 41.9% |
% Hispanic | 1.8% | 50.0% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 0.8% | 33.3% |
Mortgage and Risk — Harriman, TN
According to HUD data as of 2023, there were 260 mortgage originations in Harriman, TN, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Harriman, TN. Investor activity is low, as 4.0% 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 | 260 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Harriman, TN
Harriman, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 450 |
Total Units Section 8 | 157 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 95.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$15 | $895 | $880 |
| 2 Bedroom | $60 | $1,000 | $1,060 |
| 3 Bedroom | -$290 | $1,650 | $1,360 |
| 4 Bedroom | N/A | N/A | $1,750 |
Affordability — Harriman, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $228,000 |
| Median Household Income | $58,600 |