New Middleton, TN—38547
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Middleton, TN
As of Oct '25, the median home price in New Middleton, TN is $322,000, with a year-over-year change of -2.5%. This indicates that home prices in New Middleton, TN are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $322,000 | -2.5% |
| Single Family | $322,000 | -1.8% |
| 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 | $384,000 | 1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Middleton, TN
New Middleton, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Middleton, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in New Middleton, TN is 68. This is a increase of 82.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $434,000 | -23.0% |
Listing Count | 17 | 65.0% |
| Listings as % of Homes | 1.0% | 65.0% |
Days on Market | 68 | 82.0% |
Demographics — New Middleton, TN
As of the latest ACS Survey released in 2023, New Middleton, TN has a population of 1,860, which has decreased by -4.1% over the past 5 years. New Middleton, TN is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,860 | -4.1% |
% Under 18 | 22.5% | 10.3% |
% Seniors | 20.7% | 47.9% |
% WFH | 6.9% | 76.9% |
% w/ College Degree | 16.7% | -11.6% |
As of the latest ACS Survey released in 2023, New Middleton, TN is a predominantly white area, with 96.3% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in New Middleton, TN is hispanic, making up 0.6% of the population. Foreign-born residents account for 2.3% of the population in New Middleton, TN, and this percentage has increased by Inf% 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 | 96.3% | -0.7% |
% Black | 0.3% | ∞% |
% Hispanic | 0.6% | -45.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.3% | ∞% |
Mortgage and Risk — New Middleton, TN
According to HUD data as of 2023, there were 110 mortgage originations in New Middleton, TN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in New Middleton, TN. Investor activity is low, as 8.0% 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 | 110 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — New Middleton, TN
New Middleton, 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 | $730 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | -$130 | $1,400 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — New Middleton, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $322,000 |
| Median Household Income | $70,200 |