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Rickman, TN—38580

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$293,000
1.1% YoY Growth
Household Income
$59,200
27.8% YoY Growth
Days on Market
71
20.0% Shorter YoY
Home Price Forecast
3.2%
Median Rent
$1,200
26.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,200
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Rickman, TN

As of Dec '25, the median home price in Rickman, TN is $293,000, with a year-over-year change of 1.1%. This indicates that home prices in Rickman, TN are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$293,0001.1%
Single Family $293,0001.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    1.3%
    2 Bedrooms
    28.6%
    3 Bedrooms
    59.4%
    4 Bedrooms
    2.7%
    5+ Bedrooms
    8.0%

    Rental Trends — Rickman, TN

    As of July '25, Rentcast reports the average rent in Rickman, TN is $1,200, with a year-over-year rent change of 26.3%. Per bedroom, the median rent as of July '25 in Rickman, TN is 3-bedrooms: $1,200. The most common rental property sizes in Rickman, TN are 2-bedroom and 3-bedroom, accounting for 59.3% and 32.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,200$1,200
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,200$1,200
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    59.3%
    3 Bedrooms
    32.5%
    5+ Bedrooms
    8.1%

    Property Listings — Rickman, TN

    As of Dec '25, Realtor.com reports that the median days on market for a home in Rickman, TN is 56. This is a decrease of -31.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$358,0005.0%
    Listing Count
    		1720.0%
    Listings as % of Homes2.3%20.0%
    Days on Market
    		71-20.0%
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    Demographics — Rickman, TN

    As of the latest ACS Survey released in 2023, Rickman, TN has a population of 1,630, which has increased by 3.4% over the past 5 years. Rickman, TN is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,6303.4%
    % Under 18
    		20.1%-35.0%
    % Seniors
    		19.2%1.1%
    % WFH
    		15.1%∞%
    % w/ College Degree
    		19.5%-8.0%
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    As of the latest ACS Survey released in 2023, Rickman, TN is a predominantly white area, with 94.1% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Rickman, TN is black, making up 2.9% of the population. Foreign-born residents account for 0.0% of the population in Rickman, 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

    MetricLatest Census5-Year % Change
    % White
    		94.1%-4.9%
    % Black
    		2.9%∞%
    % Hispanic
    		1.2%20.0%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.0%-100.0%
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    Mortgage and Risk — Rickman, TN

    According to HUD data as of 2023, there were 45 mortgage originations in Rickman, TN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Rickman, TN. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		45
    % Conventional Loans
    		78.0%
    % Government Loans
    		22.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		13.0%
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    Rentals and Section 8 — Rickman, TN

    Rickman, 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$770
    2 BedroomN/AN/A$970
    3 Bedroom$40$1,200$1,240
    4 BedroomN/AN/A$1,380

    Affordability — Rickman, TN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.6
    Median Home Price$293,000
    Median Household Income$59,200

    Rickman, TN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Livingston, TN

    38570

    Crawford, TN

    38554

    Monterey, TN

    38574

    Livingston, TN

    38543

    Cookeville, TN

    38506

    Frequently Asked Questions