Philadelphia, TN—37846
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Philadelphia, TN
As of Oct '25, the median home price in Philadelphia, TN is $268,000, with a year-over-year change of 0.3%. This indicates that home prices in Philadelphia, TN are flat. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $268,000 | 0.3% |
| Single Family | $268,000 | 1.1% |
| 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 | $322,000 | 2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Philadelphia, TN
As of July '25, Rentcast reports the average rent in Philadelphia, TN is $1,280, with a year-over-year rent change of 43.0%. Per bedroom, the median rent as of July '25 in Philadelphia, TN is 2-bedrooms: $1,280. The most common rental property sizes in Philadelphia, TN are 3-bedroom and 2-bedroom, accounting for 58.0% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,280 | $1,280 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Philadelphia, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Philadelphia, TN is 40. This is a decrease of -12.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $410,000 | -19.0% |
Listing Count | 9 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 40 | -12.0% |
Demographics — Philadelphia, TN
As of the latest ACS Survey released in 2023, Philadelphia, TN has a population of 4,180, which has decreased by -10.2% over the past 5 years. Philadelphia, TN is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,180 | -10.2% |
% Under 18 | 21.9% | 15.9% |
% Seniors | 18.7% | 23.8% |
% WFH | 8.0% | 175.9% |
% w/ College Degree | 14.1% | 12.8% |
As of the latest ACS Survey released in 2023, Philadelphia, TN is a predominantly white area, with 81.7% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Philadelphia, TN is hispanic, making up 14.9% of the population. Foreign-born residents account for 9.7% of the population in Philadelphia, TN, and this percentage has increased by 11.5% 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 | 81.7% | -5.3% |
% Black | 1.8% | 5.9% |
% Hispanic | 14.9% | 67.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 9.7% | 11.5% |
Mortgage and Risk — Philadelphia, TN
According to HUD data as of 2023, there were 109 mortgage originations in Philadelphia, TN, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Philadelphia, TN. Investor activity is low, as 6.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 109 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Philadelphia, TN
Philadelphia, 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 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | -$180 | $1,280 | $1,100 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Philadelphia, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $268,000 |
| Median Household Income | $71,100 |