Athens, TN—37303
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Athens, TN
As of Oct '25, the median home price in Athens, TN is $253,000, with a year-over-year change of 0.5%. This indicates that home prices in Athens, TN are flat. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | 0.5% |
| Single Family | $253,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $182,000 | 2.2% |
3 Bed | $278,000 | 3.0% |
4 Bed | $354,000 | 1.1% |
| 5 Bed | $400,000 | -1.7% |
% of Housing Stock
Rental Trends — Athens, TN
As of July '25, Rentcast reports the average rent in Athens, TN is $1,280, with a year-over-year rent change of 18.5%. Per bedroom, the median rent as of July '25 in Athens, TN is 1-bedrooms: $854, 2-bedrooms: $1,020, 3-bedrooms: $1,540, 4-bedrooms: $1,670. The most common rental property sizes in Athens, TN are 2-bedroom and 3-bedroom, accounting for 43.9% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $854 |
| 2 Bed Rent | $950 | $1,020 |
| 3 Bed Rent | $1,600 | $1,540 |
| 4 Bed Rent | $1,600 | $1,670 |
% of Rental Stock
Property Listings — Athens, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Athens, TN is 67. This is a increase of 20.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | 6.0% |
Listing Count | 145 | 19.0% |
| Listings as % of Homes | 0.9% | 19.0% |
Days on Market | 67 | 20.0% |
Demographics — Athens, TN
As of the latest ACS Survey released in 2023, Athens, TN has a population of 25,200, which has increased by 4.5% over the past 5 years. Athens, TN is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 20.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,200 | 4.5% |
% Under 18 | 18.8% | -13.8% |
% Seniors | 19.9% | 12.4% |
% WFH | 4.3% | 16.2% |
% w/ College Degree | 20.9% | 3.5% |
As of the latest ACS Survey released in 2023, Athens, TN is a predominantly white area, with 85.0% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Athens, TN is hispanic, making up 5.2% of the population. Foreign-born residents account for 3.6% of the population in Athens, TN, and this percentage has increased by 5.9% 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 | 85.0% | -1.2% |
% Black | 4.1% | -32.8% |
% Hispanic | 5.2% | 8.3% |
% Asian | 0.7% | -12.5% |
% Foreign Born | 3.6% | 5.9% |
Mortgage and Risk — Athens, TN
According to HUD data as of 2023, there were 609 mortgage originations in Athens, TN, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Athens, TN. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 609 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Athens, TN
Athens, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 849 |
Total Units Section 8 | 847 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 80.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $750 | $840 |
| 2 Bedroom | $0 | $950 | $950 |
| 3 Bedroom | -$420 | $1,600 | $1,180 |
| 4 Bedroom | -$340 | $1,600 | $1,260 |
Affordability — Athens, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $253,000 |
| Median Household Income | $60,900 |