New Tazewell, TN—37825
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in New Tazewell, TN
Home Price Trends — New Tazewell, TN
New Tazewell, TN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $234,000 | 4.8% |
| Single Family | $233,000 | 5.4% |
| 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 | $290,000 | 4.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Tazewell, TN
As of July '25, Rentcast reports the average rent in New Tazewell, TN is $850, with a year-over-year rent change of 41.7%. Per bedroom, the median rent as of July '25 in New Tazewell, TN is 3-bedrooms: $850. The most common rental property sizes in New Tazewell, TN are 3-bedroom and 2-bedroom, accounting for 32.7% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $850 | $850 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Tazewell, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in New Tazewell, TN is 88. This is a increase of 22.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $367,000 | -19.0% |
Listing Count | 49 | 23.0% |
| Listings as % of Homes | 0.8% | 23.0% |
Days on Market | 88 | 22.0% |
Demographics — New Tazewell, TN
As of the latest ACS Survey released in 2023, New Tazewell, TN has a population of 8,580, which has increased by 3.6% over the past 5 years. New Tazewell, TN is a moderately popular place for families, as children make up 18.5% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,580 | 3.6% |
% Under 18 | 18.5% | -4.1% |
% Seniors | 18.9% | -13.3% |
% WFH | 5.3% | 381.8% |
% w/ College Degree | 16.4% | 43.9% |
As of the latest ACS Survey released in 2023, New Tazewell, TN is a predominantly white area, with 92.1% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in New Tazewell, TN is hispanic, making up 2.5% of the population. Foreign-born residents account for 0.5% of the population in New Tazewell, TN, and this percentage has increased by 66.7% 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 | 92.1% | -4.5% |
% Black | 1.2% | 33.3% |
% Hispanic | 2.5% | 127.3% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 0.5% | 66.7% |
Mortgage and Risk — New Tazewell, TN
According to HUD data as of 2023, there were 65 mortgage originations in New Tazewell, TN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in New Tazewell, TN. Investor activity is low, as 5.0% 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 | 65 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 5.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — New Tazewell, TN
New Tazewell, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 164 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | $580 | $850 | $1,430 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — New Tazewell, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $234,000 |
| Median Household Income | $51,600 |