Beechgrove, TN37018

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$285,000
3.0% YoY Growth
Median Household Income
$61,500
57.4% 5-Year Growth
Days on Market
89
31.0% Longer than last year
Home Price Forecast
3.6%
Median Rent
$1,350
24.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,350
8.0% YoY Growth
3-Bed Rent
$1,750
N/A

Property Listings — Beechgrove, TN

As of Oct '25, Realtor.com reports that the median days on market for a home in Beechgrove, TN is 89. This is a increase of 31.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$715,0004.0%
Listing Count
1132.0%
Listings as % of Homes1.0%32.0%
Days on Market
8931.0%
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Demographics — Beechgrove, TN

As of the latest ACS Survey released in 2023, Beechgrove, TN has a population of 2,460, which has increased by 17.5% over the past 5 years. Beechgrove, TN is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 10.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,46017.5%
% Under 18
25.5%-4.9%
% Seniors
15.3%12.5%
% WFH
11.7%31.5%
% w/ College Degree
10.7%-17.1%
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As of the latest ACS Survey released in 2023, Beechgrove, TN is a predominantly white area, with 89.2% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Beechgrove, TN is asian, making up 3.5% of the population. Foreign-born residents account for 2.9% of the population in Beechgrove, TN, and this percentage has increased by 107.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
89.2%-1.5%
% Black
0.0%-100.0%
% Hispanic
2.9%123.1%
% Asian
3.5%191.7%
% Foreign Born
2.9%107.1%
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Mortgage and Risk — Beechgrove, TN

According to HUD data as of 2023, there were 32 mortgage originations in Beechgrove, TN, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Beechgrove, TN. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
32
% Conventional Loans
81.0%
% Government Loans
19.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
19.0%

Loan Activity

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Rentals and Section 8 — Beechgrove, TN

Beechgrove, 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$1,300
2 Bedroom$110$1,350$1,460
3 Bedroom$190$1,750$1,940
4 BedroomN/AN/A$2,240

Affordability — Beechgrove, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$285,000
Median Household Income$61,500

Beechgrove, TN — ZIP Code Boundary Map

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Frequently Asked Questions