Lawrenceburg, TN—38464
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lawrenceburg, TN
As of Oct '25, the median home price in Lawrenceburg, TN is $232,000, with a year-over-year change of 4.3%. This indicates that home prices in Lawrenceburg, TN are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | 4.3% |
| Single Family | $232,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | 4.9% |
3 Bed | $258,000 | 5.3% |
4 Bed | $310,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lawrenceburg, TN
As of July '25, Rentcast reports the average rent in Lawrenceburg, TN is $1,270, with a year-over-year rent change of 13.4%. Per bedroom, the median rent as of July '25 in Lawrenceburg, TN is 1-bedrooms: $999, 2-bedrooms: $1,110, 3-bedrooms: $1,410, 4-bedrooms: $2,150. The most common rental property sizes in Lawrenceburg, TN are 2-bedroom and 3-bedroom, accounting for 51.7% and 19.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,160 | $1,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $999 |
| 2 Bed Rent | $1,160 | $1,110 |
| 3 Bed Rent | $1,300 | $1,410 |
| 4 Bed Rent | $1,550 | $2,150 |
% of Rental Stock
Property Listings — Lawrenceburg, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Lawrenceburg, TN is 67. This is a increase of 3.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 7.0% |
Listing Count | 132 | 24.0% |
| Listings as % of Homes | 1.0% | 24.0% |
Days on Market | 67 | 3.0% |
Demographics — Lawrenceburg, TN
As of the latest ACS Survey released in 2023, Lawrenceburg, TN has a population of 23,700, which has increased by 6.5% over the past 5 years. Lawrenceburg, TN is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 15.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,700 | 6.5% |
% Under 18 | 22.9% | 5.0% |
% Seniors | 18.7% | 1.6% |
% WFH | 6.6% | 127.6% |
% w/ College Degree | 15.1% | 13.5% |
As of the latest ACS Survey released in 2023, Lawrenceburg, TN is a predominantly white area, with 88.3% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Lawrenceburg, TN is hispanic, making up 3.8% of the population. Foreign-born residents account for 1.9% of the population in Lawrenceburg, TN, and this percentage has increased by 35.7% 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 | 88.3% | -4.1% |
% Black | 2.8% | 3.7% |
% Hispanic | 3.8% | 111.1% |
% Asian | 0.3% | -70.0% |
% Foreign Born | 1.9% | 35.7% |
Mortgage and Risk — Lawrenceburg, TN
According to HUD data as of 2023, there were 422 mortgage originations in Lawrenceburg, TN, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Lawrenceburg, TN. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 422 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lawrenceburg, TN
Lawrenceburg, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 358 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$280 | $1,000 | $720 |
| 2 Bedroom | -$220 | $1,160 | $940 |
| 3 Bedroom | -$160 | $1,300 | $1,140 |
| 4 Bedroom | -$210 | $1,550 | $1,340 |
Affordability — Lawrenceburg, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $232,000 |
| Median Household Income | $48,200 |