Allons, TN—38541
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Allons, TN
As of Oct '25, the median home price in Allons, TN is $247,000, with a year-over-year change of 3.2%. This indicates that home prices in Allons, TN are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 3.2% |
| Single Family | $247,000 | 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 — Allons, TN
Allons, 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 — Allons, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Allons, TN is 116. 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | 6.0% |
Listing Count | 12 | 138.0% |
| Listings as % of Homes | 1.0% | 138.0% |
Days on Market | 116 | -4.0% |
Demographics — Allons, TN
As of the latest ACS Survey released in 2023, Allons, TN has a population of 1,580, which has decreased by -4.5% over the past 5 years. Allons, TN is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,580 | -4.5% |
% Under 18 | 19.8% | -7.9% |
% Seniors | 31.9% | 39.9% |
% WFH | 8.1% | ∞% |
% w/ College Degree | 9.8% | -36.8% |
As of the latest ACS Survey released in 2023, Allons, TN is a predominantly white area, with 97.7% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Allons, TN is black, making up 0.1% of the population. Foreign-born residents account for 0.0% of the population in Allons, 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 | 97.7% | -0.9% |
% Black | 0.1% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Allons, TN
According to HUD data as of 2023, there were 22 mortgage originations in Allons, TN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Allons, TN. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 22 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Allons, TN
Allons, 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 | $740 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — Allons, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $247,000 |
| Median Household Income | $37,300 |