Dyer, TN—38330
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dyer, TN
As of Oct '25, the median home price in Dyer, TN is $142,000, with a year-over-year change of -2.9%. This indicates that home prices in Dyer, TN are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $142,000 | -2.9% |
| Single Family | $142,000 | -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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dyer, TN
Dyer, 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 — Dyer, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Dyer, TN is 64. This is a decrease of -6.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $217,000 | 40.0% |
Listing Count | 21 | 0.0% |
| Listings as % of Homes | 0.7% | 0.0% |
Days on Market | 64 | -6.0% |
Demographics — Dyer, TN
As of the latest ACS Survey released in 2023, Dyer, TN has a population of 3,940, which has decreased by -9.6% over the past 5 years. Dyer, TN is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,940 | -9.6% |
% Under 18 | 27.7% | 19.9% |
% Seniors | 16.3% | -19.3% |
% WFH | 3.1% | 121.4% |
% w/ College Degree | 16.4% | -8.9% |
As of the latest ACS Survey released in 2023, Dyer, TN is a predominantly white area, with 76.2% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Dyer, TN is black, making up 11.6% of the population. Foreign-born residents account for 0.0% of the population in Dyer, 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 | 76.2% | -7.4% |
% Black | 11.6% | -10.8% |
% Hispanic | 2.7% | 12.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Dyer, TN
According to HUD data as of 2023, there were 92 mortgage originations in Dyer, TN, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Dyer, TN. Investor activity is low, as 7.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 92 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Dyer, TN
Dyer, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 12.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,530 |
Affordability — Dyer, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $142,000 |
| Median Household Income | $59,600 |