Sharon, TN—38255
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sharon, TN
As of Oct '25, the median home price in Sharon, TN is $149,000, with a year-over-year change of 3.6%. This indicates that home prices in Sharon, TN are increasing. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $149,000 | 3.6% |
| Single Family | $150,000 | 4.2% |
| 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 — Sharon, TN
As of July '25, Rentcast reports the average rent in Sharon, TN is $2,000, with a year-over-year rent change of 102.4%. Per bedroom, the median rent as of July '25 in Sharon, TN is 3-bedrooms: $2,000. The most common rental property sizes in Sharon, TN are 3-bedroom and 2-bedroom, accounting for 45.9% and 38.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sharon, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Sharon, TN is 73. This is a decrease of -4.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | 5.0% |
Listing Count | 5 | -39.0% |
| Listings as % of Homes | 0.5% | -39.0% |
Days on Market | 73 | -4.0% |
Demographics — Sharon, TN
As of the latest ACS Survey released in 2023, Sharon, TN has a population of 2,360, which has increased by 4.6% over the past 5 years. Sharon, TN is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,360 | 4.6% |
% Under 18 | 17.8% | -11.0% |
% Seniors | 21.6% | 4.9% |
% WFH | 6.3% | 215.0% |
% w/ College Degree | 19.5% | 14.0% |
As of the latest ACS Survey released in 2023, Sharon, TN is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Sharon, TN is hispanic, making up 5.1% of the population. Foreign-born residents account for 1.1% of the population in Sharon, TN, and this percentage has decreased by 35.3% 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 | 90.3% | -2.0% |
% Black | 1.1% | -79.6% |
% Hispanic | 5.1% | 2,450.0% |
% Asian | 0.7% | 75.0% |
% Foreign Born | 1.1% | -35.3% |
Mortgage and Risk — Sharon, TN
According to HUD data as of 2023, there were 39 mortgage originations in Sharon, TN, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Sharon, TN. Investor activity is low, as 0.0% 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 | 39 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Sharon, TN
Sharon, 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 | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | -$920 | $2,000 | $1,080 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Sharon, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $149,000 |
| Median Household Income | $42,100 |