Ten Mile, TN—37880
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ten Mile, TN
As of Oct '25, the median home price in Ten Mile, TN is $352,000, with a year-over-year change of -1.3%. This indicates that home prices in Ten Mile, 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 | $352,000 | -1.3% |
| Single Family | $354,000 | -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 | $331,000 | 1.2% |
3 Bed | $482,000 | 1.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ten Mile, TN
As of July '25, Rentcast reports the average rent in Ten Mile, TN is $1,670, with a year-over-year rent change of 28.5%. Per bedroom, the median rent as of July '25 in Ten Mile, TN is studios: $600, 3-bedrooms: $2,000, 4-bedrooms: $2,400. The most common rental property sizes in Ten Mile, TN are 3-bedroom and 2-bedroom, accounting for 59.6% and 36.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,670 |
| Studio Rent | $600 | $600 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Ten Mile, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Ten Mile, TN is 97. This is a increase of 3.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $689,000 | 31.0% |
Listing Count | 35 | 25.0% |
| Listings as % of Homes | 0.7% | 25.0% |
Days on Market | 97 | 3.0% |
Demographics — Ten Mile, TN
As of the latest ACS Survey released in 2023, Ten Mile, TN has a population of 3,930, which has increased by 21.2% over the past 5 years. Ten Mile, TN is a moderately popular place for families, as children make up 16.9% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,930 | 21.2% |
% Under 18 | 16.9% | -17.2% |
% Seniors | 27.4% | 1.1% |
% WFH | 8.4% | 133.3% |
% w/ College Degree | 21.3% | 43.9% |
As of the latest ACS Survey released in 2023, Ten Mile, TN is a predominantly white area, with 85.6% of the population identifying as white. The white population has shrunk by 8.2% in the last 5 years. The second most common race or ethnicity in Ten Mile, TN is hispanic, making up 5.9% of the population. Foreign-born residents account for 3.4% of the population in Ten Mile, 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 | 85.6% | -8.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 5.9% | 168.2% |
% Asian | 1.6% | ∞% |
% Foreign Born | 3.4% | ∞% |
Mortgage and Risk — Ten Mile, TN
According to HUD data as of 2023, there were 68 mortgage originations in Ten Mile, TN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Ten Mile, TN. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 68 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 3.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Ten Mile, TN
Ten Mile, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.0% |
% 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 | $900 |
| 3 Bedroom | -$800 | $2,000 | $1,200 |
| 4 Bedroom | -$900 | $2,400 | $1,500 |
Affordability — Ten Mile, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $352,000 |
| Median Household Income | $61,900 |