Rutledge, TN—37861
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rutledge, TN
As of Oct '25, the median home price in Rutledge, TN is $269,000, with a year-over-year change of -1.8%. This indicates that home prices in Rutledge, TN are decreasing. 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 | $269,000 | -1.8% |
| Single Family | $269,000 | -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 | $345,000 | 2.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rutledge, TN
As of July '25, Rentcast reports the average rent in Rutledge, TN is $1,320, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Rutledge, TN is 2-bedrooms: $1,320. The most common rental property sizes in Rutledge, TN are 3-bedroom and 2-bedroom, accounting for 34.6% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $1,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $995 | $1,320 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rutledge, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Rutledge, TN is 97. This is a increase of 23.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $472,000 | -3.0% |
Listing Count | 44 | -16.0% |
| Listings as % of Homes | 0.6% | -16.0% |
Days on Market | 97 | 23.0% |
Demographics — Rutledge, TN
As of the latest ACS Survey released in 2023, Rutledge, TN has a population of 8,580, which has decreased by -1.5% over the past 5 years. Rutledge, TN is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 13.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,580 | -1.5% |
% Under 18 | 20.3% | -12.5% |
% Seniors | 23.5% | 35.8% |
% WFH | 9.6% | 0.0% |
% w/ College Degree | 13.0% | 44.4% |
As of the latest ACS Survey released in 2023, Rutledge, TN is a predominantly white area, with 93.5% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Rutledge, TN is hispanic, making up 4.2% of the population. Foreign-born residents account for 1.6% of the population in Rutledge, TN, and this percentage has decreased by 44.8% 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 | 93.5% | 0.8% |
% Black | 0.6% | 50.0% |
% Hispanic | 4.2% | 2.4% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 1.6% | -44.8% |
Mortgage and Risk — Rutledge, TN
According to HUD data as of 2023, there were 97 mortgage originations in Rutledge, TN, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Rutledge, 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 | 97 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 5.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Rutledge, TN
Rutledge, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 115 |
Total Units Section 8 | 88 |
% Rentals under Section 8 | 14.2% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | -$95 | $995 | $900 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,190 |
Affordability — Rutledge, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $269,000 |
| Median Household Income | $53,800 |