Rockwood, TN—37854
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rockwood, TN
As of Oct '25, the median home price in Rockwood, TN is $217,000, with a year-over-year change of -3.9%. This indicates that home prices in Rockwood, TN are decreasing. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | -3.9% |
| Single Family | $218,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | -1.7% |
3 Bed | $260,000 | -1.5% |
4 Bed | $358,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rockwood, TN
As of July '25, Rentcast reports the average rent in Rockwood, TN is $1,590, with a year-over-year rent change of 9.7%. Per bedroom, the median rent as of July '25 in Rockwood, TN is 2-bedrooms: $1,100, 3-bedrooms: $1,480, 4-bedrooms: $2,300. The most common rental property sizes in Rockwood, TN are 2-bedroom and 3-bedroom, accounting for 35.5% and 33.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,300 | $1,480 |
| 4 Bed Rent | $2,300 | $2,300 |
% of Rental Stock
Property Listings — Rockwood, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Rockwood, TN is 72. 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $401,000 | 40.0% |
Listing Count | 65 | -1.0% |
| Listings as % of Homes | 0.7% | -1.0% |
Days on Market | 72 | -12.0% |
Demographics — Rockwood, TN
As of the latest ACS Survey released in 2023, Rockwood, TN has a population of 12,400, which has decreased by -3.6% over the past 5 years. Rockwood, TN is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | -3.6% |
% Under 18 | 19.8% | 1.5% |
% Seniors | 20.9% | -10.7% |
% WFH | 9.9% | 421.1% |
% w/ College Degree | 14.2% | 12.7% |
As of the latest ACS Survey released in 2023, Rockwood, TN is a predominantly white area, with 92.5% 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 Rockwood, TN is asian, making up 2.1% of the population. Foreign-born residents account for 2.4% of the population in Rockwood, TN, and this percentage has decreased by 7.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.5% | -0.9% |
% Black | 0.9% | -18.2% |
% Hispanic | 1.0% | -50.0% |
% Asian | 2.1% | 61.5% |
% Foreign Born | 2.4% | -7.7% |
Mortgage and Risk — Rockwood, TN
According to HUD data as of 2023, there were 296 mortgage originations in Rockwood, TN, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Rockwood, TN. Investor activity is low, as 3.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 296 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Rockwood, TN
Rockwood, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 308 |
Total Units Section 8 | 184 |
% Rentals under Section 8 | 12.0% |
% Occupied Section 8 | 87.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | -$80 | $1,100 | $1,020 |
| 3 Bedroom | $20 | $1,300 | $1,320 |
| 4 Bedroom | -$600 | $2,300 | $1,700 |
Affordability — Rockwood, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $217,000 |
| Median Household Income | $49,100 |