Vonore, TN37885

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$465,000
0.4% YoY Growth
Median Household Income
$74,700
67.9% 5-Year Growth
Days on Market
99
44.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$2,600
24.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,500
N/A
3-Bed Rent
$2,850
18.3% YoY Growth

Property Listings — Vonore, TN

As of Oct '25, Realtor.com reports that the median days on market for a home in Vonore, TN is 99. This is a increase of 44.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$726,000-13.0%
Listing Count
7642.0%
Listings as % of Homes1.2%42.0%
Days on Market
9944.0%
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Demographics — Vonore, TN

As of the latest ACS Survey released in 2023, Vonore, TN has a population of 6,120, which has increased by 6.2% over the past 5 years. Vonore, TN is a less popular place for families, as children make up 13.7% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
6,1206.2%
% Under 18
13.7%-8.7%
% Seniors
29.2%5.4%
% WFH
6.7%48.9%
% w/ College Degree
26.2%30.3%
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As of the latest ACS Survey released in 2023, Vonore, TN is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Vonore, TN is black, making up 3.4% of the population. Foreign-born residents account for 2.3% of the population in Vonore, TN, and this percentage has increased by 64.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.0%-2.7%
% Black
3.4%385.7%
% Hispanic
1.2%33.3%
% Asian
0.8%166.7%
% Foreign Born
2.3%64.3%
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Mortgage and Risk — Vonore, TN

According to HUD data as of 2023, there were 162 mortgage originations in Vonore, TN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Vonore, 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

MetricZip Code Average
Total Loan Originations
162
% Conventional Loans
82.0%
% Government Loans
18.0%
% Investor Loans
2.0%
% Second Loans
7.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Vonore, TN

Vonore, TN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
9
% Rentals under Section 8
1.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$900
2 Bedroom-$1,400$2,500$1,100
3 Bedroom-$1,340$2,850$1,510
4 BedroomN/AN/A$1,650

Affordability — Vonore, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.8
Median Home Price$465,000
Median Household Income$74,700

Vonore, TN — ZIP Code Boundary Map

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Frequently Asked Questions