Surgoinsville, TN—37873
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Surgoinsville, TN
As of Oct '25, the median home price in Surgoinsville, TN is $220,000, with a year-over-year change of -1.4%. This indicates that home prices in Surgoinsville, TN are decreasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $220,000 | -1.4% |
| Single Family | $220,000 | -0.5% |
| 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 | $255,000 | 2.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Surgoinsville, TN
Surgoinsville, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,190 |
| Studio Rent | $375 | $375 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Surgoinsville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Surgoinsville, TN is 184. This is a increase of 180.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $451,000 | -4.0% |
Listing Count | 14 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 184 | 180.0% |
Demographics — Surgoinsville, TN
As of the latest ACS Survey released in 2023, Surgoinsville, TN has a population of 4,450, which has remained stable by -0.0% over the past 5 years. Surgoinsville, TN is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 11.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,450 | 0.0% |
% Under 18 | 19.9% | 12.4% |
% Seniors | 19.7% | -5.3% |
% WFH | 6.3% | 152.0% |
% w/ College Degree | 11.4% | 34.1% |
As of the latest ACS Survey released in 2023, Surgoinsville, TN is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Surgoinsville, TN is hispanic, making up 2.7% of the population. Foreign-born residents account for 0.7% of the population in Surgoinsville, 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 | 93.9% | -4.8% |
% Black | 0.7% | 600.0% |
% Hispanic | 2.7% | 285.7% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.7% | ∞% |
Mortgage and Risk — Surgoinsville, TN
According to HUD data as of 2023, there were 102 mortgage originations in Surgoinsville, TN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Surgoinsville, TN. Investor activity is low, as 0.0% 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 | 102 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Surgoinsville, TN
Surgoinsville, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | -$180 | $1,400 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Surgoinsville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $220,000 |
| Median Household Income | $37,400 |