Englewood, TN37329

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$236,000
1.1% YoY Growth
Median Household Income
$64,900
72.8% 5-Year Growth
Days on Market
47
98.0% Longer than last year
Home Price Forecast
1.2%
Median Rent
$1,400
148.7% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,300
N/A

Property Listings — Englewood, TN

As of Aug '25 and according to Realtor.com, the median days on market for a home in Englewood, TN is 47. This is an increase of 98.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 43.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$390,00039.0%
Listing Count
34N/A
Listings as % of Homes0.8%N/A
Days on Market
4798.0%
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Demographics — Englewood, TN

MetricLatest CensusYoY % Change
Population
6,49011.7%
% Under 18
26.9%43.1%
% Under 5N/AN/A
% Seniors
16.7%-32.1%
% WFH
6.8%300.0%
% w/ College Degree
13.1%8.3%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.5%-4.5%
% Black
0.3%50.0%
% Hispanic
2.8%0.0%
% Asian
0.4%33.3%
% Foreign Born
0.6%-57.1%
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Mortgage and Risk — Englewood, TN

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Englewood, TN in that year was 66. 59.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 65.0%. Of those, 35.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Englewood, TN. Investor activity in Englewood, TN is low, as 0.0% of all loans are originated by investors. In 2023, 18.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
66N/AN/A
% Conventional Loans
59.0%N/AN/A
% Government Loans
41.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
18.0%N/AN/A
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Rentals and Section 8 — Englewood, TN

As of 2024, the percent of homes in Englewood, TN under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
44
Total Units Section 8
44
% Rentals under Section 8
N/A
% Occupied Section 8
87.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$790
2 BedroomN/AN/A$900
3 Bedroom-$170$1,300$1,130
4 Bedroom-$1,650$2,850$1,200

Affordability — Englewood, TN

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.3N/AN/A
Median Home Price$236,000N/AN/A
Median Household Income$64,900N/AN/A

Englewood, TN — ZIP Code Boundary Map

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