Jellico, TN—37762
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jellico, TN
As of Oct '25, the median home price in Jellico, TN is $125,000, with a year-over-year change of -10.3%. This indicates that home prices in Jellico, TN are decreasing. According to Zillow, the 1-year price projection is 4.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | -10.3% |
| Single Family | $125,000 | -9.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | 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 — Jellico, TN
Jellico, 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 — Jellico, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Jellico, TN is 122. This is a increase of 101.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $388,000 | 154.0% |
Listing Count | 15 | 117.0% |
| Listings as % of Homes | 0.8% | 117.0% |
Days on Market | 122 | 101.0% |
Demographics — Jellico, TN
As of the latest ACS Survey released in 2023, Jellico, TN has a population of 2,530, which has decreased by -11.1% over the past 5 years. Jellico, TN is a moderately popular place for families, as children make up 16.9% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,530 | -11.1% |
% Under 18 | 16.9% | -13.8% |
% Seniors | 26.8% | 3.9% |
% WFH | 6.8% | 1,260.0% |
% w/ College Degree | 21.1% | 117.5% |
As of the latest ACS Survey released in 2023, Jellico, TN is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Jellico, TN is black, making up 3.7% of the population. Foreign-born residents account for 1.8% of the population in Jellico, TN, and this percentage has increased by 260.0% 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 | 89.3% | -7.0% |
% Black | 3.7% | 208.3% |
% Hispanic | 0.6% | 20.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.8% | 260.0% |
Mortgage and Risk — Jellico, TN
According to HUD data as of 2023, there were 33 mortgage originations in Jellico, TN, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Jellico, TN. Investor activity is low, as 9.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 33 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Jellico, TN
Jellico, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 245 |
Total Units Section 8 | 123 |
% Rentals under Section 8 | 23.9% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,190 |
Affordability — Jellico, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $125,000 |
| Median Household Income | $43,900 |