Hornbeak, TN—38232
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hornbeak, TN
As of Oct '25, the median home price in Hornbeak, TN is $158,000, with a year-over-year change of 7.2%. This indicates that home prices in Hornbeak, TN are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $158,000 | 7.2% |
| Single Family | $158,000 | 8.2% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hornbeak, TN
As of July '25, Rentcast reports the average rent in Hornbeak, TN is $800, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in Hornbeak, TN is 1-bedrooms: $800. The most common rental property sizes in Hornbeak, TN are 3-bedroom and 2-bedroom, accounting for 54.9% and 39.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 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 — Hornbeak, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Hornbeak, TN is 73. This is a increase of 10.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | -7.0% |
Listing Count | 14 | 7.0% |
| Listings as % of Homes | 0.4% | 7.0% |
Days on Market | 73 | 10.0% |
Demographics — Hornbeak, TN
As of the latest ACS Survey released in 2023, Hornbeak, TN has a population of 2,250, which has increased by 24.5% over the past 5 years. Hornbeak, TN is a moderately popular place for families, as children make up 15.5% of the population. The area has a poorly educated workforce, with 8.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,250 | 24.5% |
% Under 18 | 15.5% | -13.9% |
% Seniors | 24.7% | 21.1% |
% WFH | 2.3% | -37.8% |
% w/ College Degree | 8.0% | -54.3% |
As of the latest ACS Survey released in 2023, Hornbeak, TN is a predominantly white area, with 96.0% of the population identifying as white. The white population has grown by 10.5% in the last 5 years. The second most common race or ethnicity in Hornbeak, TN is hispanic, making up 2.0% of the population. Foreign-born residents account for 0.0% of the population in Hornbeak, TN, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.0% | 10.5% |
% Black | 0.2% | -80.0% |
% Hispanic | 2.0% | -78.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Hornbeak, TN
According to HUD data as of 2023, there were 53 mortgage originations in Hornbeak, TN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Hornbeak, TN. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Hornbeak, TN
Hornbeak, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $800 | $740 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,190 |
Affordability — Hornbeak, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $158,000 |
| Median Household Income | $49,400 |