Trenton, TN—38382
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Trenton, TN
As of Oct '25, the median home price in Trenton, TN is $160,000, with a year-over-year change of -1.4%. This indicates that home prices in Trenton, TN are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $160,000 | -1.4% |
| Single Family | $160,000 | -1.2% |
| 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 — Trenton, TN
As of July '25, Rentcast reports the average rent in Trenton, TN is $870, with a year-over-year rent change of -26.9%. Per bedroom, the median rent as of July '25 in Trenton, TN is 2-bedrooms: $740, 3-bedrooms: $1,390. The most common rental property sizes in Trenton, TN are 2-bedroom and 3-bedroom, accounting for 55.7% and 19.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $725 | $870 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $725 | $740 |
| 3 Bed Rent | $975 | $1,390 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Trenton, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Trenton, TN is 91. This is a increase of 88.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $218,000 | 9.0% |
Listing Count | 35 | 23.0% |
| Listings as % of Homes | 0.4% | 23.0% |
Days on Market | 91 | 88.0% |
Demographics — Trenton, TN
As of the latest ACS Survey released in 2023, Trenton, TN has a population of 8,160, which has decreased by -11.2% over the past 5 years. Trenton, TN is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,160 | -11.2% |
% Under 18 | 17.3% | -11.7% |
% Seniors | 19.8% | 13.8% |
% WFH | 1.9% | 90.0% |
% w/ College Degree | 15.9% | 8.9% |
As of the latest ACS Survey released in 2023, Trenton, TN is a predominantly white area, with 74.6% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Trenton, TN is black, making up 17.3% of the population. Foreign-born residents account for 0.9% of the population in Trenton, TN, and this percentage has increased by 80.0% 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 | 74.6% | -5.3% |
% Black | 17.3% | 16.9% |
% Hispanic | 2.6% | -3.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | 80.0% |
Mortgage and Risk — Trenton, TN
According to HUD data as of 2023, there were 140 mortgage originations in Trenton, TN, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Trenton, TN. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 140 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Trenton, TN
Trenton, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 308 |
Total Units Section 8 | 98 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | $175 | $725 | $900 |
| 3 Bedroom | $285 | $975 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Trenton, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $160,000 |
| Median Household Income | $58,100 |