Talbott, TN—37877
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Talbott, TN
As of Oct '25, the median home price in Talbott, TN is $297,000, with a year-over-year change of 3.7%. This indicates that home prices in Talbott, TN are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | 3.7% |
| Single Family | $297,000 | 3.8% |
| 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 | $311,000 | 3.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Talbott, TN
As of July '25, Rentcast reports the average rent in Talbott, TN is $2,230, with a year-over-year rent change of 23.2%. Per bedroom, the median rent as of July '25 in Talbott, TN is 2-bedrooms: $1,200, 3-bedrooms: $2,750. The most common rental property sizes in Talbott, TN are 3-bedroom and 2-bedroom, accounting for 33.8% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,230 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $2,100 | $2,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Talbott, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Talbott, TN is 67. This is a increase of 60.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $384,000 | 4.0% |
Listing Count | 49 | 6.0% |
| Listings as % of Homes | 0.8% | 6.0% |
Days on Market | 67 | 60.0% |
Demographics — Talbott, TN
As of the latest ACS Survey released in 2023, Talbott, TN has a population of 9,100, which has increased by 2.0% over the past 5 years. Talbott, TN is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 25.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,100 | 2.0% |
% Under 18 | 20.6% | -8.4% |
% Seniors | 24.3% | 34.3% |
% WFH | 3.6% | 80.0% |
% w/ College Degree | 25.3% | 44.6% |
As of the latest ACS Survey released in 2023, Talbott, TN is a predominantly white area, with 95.0% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Talbott, TN is black, making up 1.8% of the population. Foreign-born residents account for 2.1% of the population in Talbott, TN, and this percentage has increased by 31.2% 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 | 95.0% | -1.8% |
% Black | 1.8% | 125.0% |
% Hispanic | 1.2% | -47.8% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 2.1% | 31.2% |
Mortgage and Risk — Talbott, TN
According to HUD data as of 2023, there were 274 mortgage originations in Talbott, TN, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Talbott, TN. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 274 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Talbott, TN
Talbott, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | -$40 | $1,200 | $1,160 |
| 3 Bedroom | -$580 | $2,100 | $1,520 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Talbott, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $297,000 |
| Median Household Income | $76,200 |