Grand Junction, TN 38039 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Grand Junction, TN—38039

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$147,000

1.2% YoY Growth

Household Income

$44,100

23.6% YoY Growth

Days on Market

85

137.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Grand Junction, TN

Grand Junction, TN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$147,000	-1.2%
Single Family	$147,000	-0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Grand Junction, TN

Grand Junction, TN lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

2 Bedrooms

63.2%

3 Bedrooms

21.8%

4 Bedrooms

15.0%

Property Listings — Grand Junction, TN

As of Dec '25, Realtor.com reports that the median days on market for a home in Grand Junction, TN is 57. This is a increase of 224.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$319,000	3.0%
Listing Count	4	62.0%
Listings as % of Homes	0.1%	62.0%
Days on Market	85	137.0%

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Demographics — Grand Junction, TN

As of the latest ACS Survey released in 2023, Grand Junction, TN has a population of 1,380, which has decreased by -21.3% over the past 5 years. Grand Junction, TN is a less popular place for families, as children make up 9.1% of the population. The area has a poorly educated workforce, with 9.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,380	-21.3%
% Under 18	9.1%	-69.6%
% Seniors	21.6%	24.1%
% WFH	8.1%	∞%
% w/ College Degree	9.9%	-2.9%

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As of the latest ACS Survey released in 2023, Grand Junction, TN is a predominantly black area, with 75.4% of the population identifying as black. The black population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Grand Junction, TN is white, making up 23.2% of the population. Foreign-born residents account for 0.1% of the population in Grand Junction, TN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	23.2%	10.0%
% Black	75.4%	-3.1%
% Hispanic	0.2%	∞%
% Asian	0.0%	N/A
% Foreign Born	0.1%	0.0%

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Mortgage and Risk — Grand Junction, TN

According to HUD data as of 2023, there were 30 mortgage originations in Grand Junction, TN, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Grand Junction, TN. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	30
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	3.0%
% Second Loans	3.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Grand Junction, TN

Grand Junction, TN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	0.8%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,040
2 Bedroom	N/A	N/A	$1,170
3 Bedroom	N/A	N/A	$1,540
4 Bedroom	N/A	N/A	$1,800

Grand Junction, TN—38039

Key Metrics at a Glance

Home Price Trends — Grand Junction, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grand Junction, TN

% of Rental Stock

Property Listings — Grand Junction, TN

Demographics — Grand Junction, TN

Race and Ethnicity

Mortgage and Risk — Grand Junction, TN

Mortgages

Rentals and Section 8 — Grand Junction, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Grand Junction, TN

Home Price to Income Ratio

Grand Junction, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Hickory Valley, TN

Moscow, TN

Lamar, MS

Somerville, TN

Williston, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$147,000
Median Household Income	$44,100

Grand Junction, TN—38039

Key Metrics at a Glance

Home Price Trends — Grand Junction, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grand Junction, TN

% of Rental Stock

Property Listings — Grand Junction, TN

Demographics — Grand Junction, TN

Race and Ethnicity

Mortgage and Risk — Grand Junction, TN

Mortgages

Rentals and Section 8 — Grand Junction, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Grand Junction, TN

Home Price to Income Ratio

Grand Junction, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Hickory Valley, TN

Moscow, TN

Lamar, MS

Somerville, TN

Williston, TN

Frequently Asked Questions

What is the average home price in Grand Junction, TN 38039?

How have home prices in Grand Junction, TN 38039 changed over the past year?

What is the home price projection for Grand Junction, TN 38039?

What are the demographics of Grand Junction, TN 38039?

How long does it take homes to sell in Grand Junction, TN 38039?

What is the average rent price in Grand Junction, TN 38039?