Lancing, TN—37770
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lancing, TN
As of Oct '25, the median home price in Lancing, TN is $196,000, with a year-over-year change of -3.3%. This indicates that home prices in Lancing, TN are decreasing. According to Zillow, the 1-year price projection is 4.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $196,000 | -3.3% |
| Single Family | $196,000 | -2.0% |
| 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 — Lancing, TN
Lancing, 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 — Lancing, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Lancing, TN is 68. This is a increase of 8.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $311,000 | -31.0% |
Listing Count | 10 | 23.0% |
| Listings as % of Homes | 0.4% | 23.0% |
Days on Market | 68 | 8.0% |
Demographics — Lancing, TN
As of the latest ACS Survey released in 2023, Lancing, TN has a population of 3,030, which has increased by 13.4% over the past 5 years. Lancing, TN is a less popular place for families, as children make up 12.6% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,030 | 13.4% |
% Under 18 | 12.6% | -46.2% |
% Seniors | 17.0% | -13.7% |
% WFH | 6.5% | 550.0% |
% w/ College Degree | 12.1% | 23.5% |
As of the latest ACS Survey released in 2023, Lancing, TN is a predominantly white area, with 98.9% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Lancing, TN is black, making up 0.0% of the population. Foreign-born residents account for 0.2% of the population in Lancing, 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 | 98.9% | -0.9% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | ∞% |
Mortgage and Risk — Lancing, TN
According to HUD data as of 2023, there were 64 mortgage originations in Lancing, TN, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Lancing, TN. Investor activity is low, as 3.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Lancing, TN
Lancing, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Lancing, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $196,000 |
| Median Household Income | $47,900 |