Halls, TN 38040 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Halls, TN—38040

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$142,000

1.9% YoY Growth

Household Income

$52,100

35.1% YoY Growth

Days on Market

23.0% Shorter 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 — Halls, TN

Halls, TN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$142,000	-1.9%
Single Family	$141,000	-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 — Halls, TN

Halls, 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

Loading chart...

% of Rental Stock

Studio

0.2%

1 Bedroom

6.0%

2 Bedrooms

39.3%

3 Bedrooms

51.7%

4 Bedrooms

2.7%

Property Listings — Halls, TN

As of Dec '25, Realtor.com reports that the median days on market for a home in Halls, TN is 60. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$212,000	59.0%
Listing Count	20	9.0%
Listings as % of Homes	0.4%	9.0%
Days on Market	66	-23.0%

Loading chart...

Demographics — Halls, TN

As of the latest ACS Survey released in 2023, Halls, TN has a population of 4,690, which has decreased by -2.2% over the past 5 years. Halls, TN is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 10.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,690	-2.2%
% Under 18	20.7%	-16.9%
% Seniors	23.5%	16.3%
% WFH	1.7%	112.5%
% w/ College Degree	10.8%	5.9%

Loading chart...

As of the latest ACS Survey released in 2023, Halls, TN is a predominantly white area, with 76.9% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Halls, TN is black, making up 13.4% of the population. Foreign-born residents account for 1.9% of the population in Halls, TN, and this percentage has increased by 11.8% 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	76.9%	0.1%
% Black	13.4%	-19.3%
% Hispanic	6.8%	88.9%
% Asian	0.0%	-100.0%
% Foreign Born	1.9%	11.8%

Loading chart...

Mortgage and Risk — Halls, TN

According to HUD data as of 2023, there were 65 mortgage originations in Halls, TN, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Halls, TN. Investor activity is low, as 8.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	65
% Conventional Loans	65.0%
% Government Loans	35.0%
% Investor Loans	8.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

Loading chart...

Rentals and Section 8 — Halls, TN

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

Section 8 Market Size

Total Units under HUD	62
Total Units Section 8	32
% Rentals under Section 8	3.3%
% Occupied Section 8	97.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$700
2 Bedroom	N/A	N/A	$910
3 Bedroom	N/A	N/A	$1,200
4 Bedroom	N/A	N/A	$1,430

Halls, TN—38040

Key Metrics at a Glance

Home Price Trends — Halls, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Halls, TN

% of Rental Stock

Property Listings — Halls, TN

Demographics — Halls, TN

Race and Ethnicity

Mortgage and Risk — Halls, TN

Mortgages

Rentals and Section 8 — Halls, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Halls, TN

Home Price to Income Ratio

Halls, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Gates, TN

Dyersburg, TN

Dyersburg, TN

Mengelwood

Ripley, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$142,000
Median Household Income	$52,100

Halls, TN—38040

Key Metrics at a Glance

Home Price Trends — Halls, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Halls, TN

% of Rental Stock

Property Listings — Halls, TN

Demographics — Halls, TN

Race and Ethnicity

Mortgage and Risk — Halls, TN

Mortgages

Rentals and Section 8 — Halls, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Halls, TN

Home Price to Income Ratio

Halls, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Gates, TN

Dyersburg, TN

Dyersburg, TN

Mengelwood

Ripley, TN

Frequently Asked Questions

What is the average home price in Halls, TN 38040?

How have home prices in Halls, TN 38040 changed over the past year?

What is the home price projection for Halls, TN 38040?

What are the demographics of Halls, TN 38040?

How long does it take homes to sell in Halls, TN 38040?

What is the average rent price in Halls, TN 38040?