Halls, TN—38040
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $139,000 | -3.2% |
| Single Family | $139,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $165,000 | 1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Halls, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Halls, TN is 93. This is a decrease of -10.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $227,000 | 81.0% |
Listing Count | 14 | -28.0% |
| Listings as % of Homes | 0.4% | -28.0% |
Days on Market | 93 | -10.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Halls, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $139,000 |
| Median Household Income | $52,100 |