Luray, TN38352

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$157,000
1.4% YoY Growth
Median Household Income
$45,200
21.3% 5-Year Growth
Days on Market
88
108.0% Longer than last year
Home Price Forecast
1.6%
Median 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

Property Listings — Luray, TN

As of Oct '25, Realtor.com reports that the median days on market for a home in Luray, TN is 88. This is a increase of 108.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$575,00066.0%
Listing Count
343.0%
Listings as % of HomesN/A43.0%
Days on Market
88108.0%
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Demographics — Luray, TN

As of the latest ACS Survey released in 2023, Luray, TN has a population of 623, which has decreased by -4.7% over the past 5 years. Luray, TN is a less popular place for families, as children make up 10.0% of the population. The area has a poorly educated workforce, with 7.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
623-4.7%
% Under 18
10.0%-47.4%
% Seniors
25.0%81.2%
% WFH
8.2%∞%
% w/ College Degree
7.8%-53.8%
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Luray, TN lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
100.0%5.2%
% Black
0.0%-100.0%
% Hispanic
0.0%N/A
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Luray, TN

Luray, TN lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Luray, TN

Luray, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$840
2 BedroomN/AN/A$1,030
3 BedroomN/AN/A$1,410
4 BedroomN/AN/A$1,410

Affordability — Luray, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$157,000
Median Household Income$45,200

Luray, TN — ZIP Code Boundary Map

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Frequently Asked Questions