Etowah, TN—37331
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Etowah, TN
As of Nov '25, the median home price in Etowah, TN is $204,000, with a year-over-year change of 0.8%. This indicates that home prices in Etowah, TN are flat. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | 0.8% |
| Single Family | $204,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $163,000 | 1.9% |
3 Bed | $236,000 | 3.5% |
4 Bed | $297,000 | 2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Etowah, TN
As of July '25, Rentcast reports the average rent in Etowah, TN is $1,050, with a year-over-year rent change of -18.6%. Per bedroom, the median rent as of July '25 in Etowah, TN is studios: $825, 1-bedrooms: $738, 2-bedrooms: $975, 3-bedrooms: $1,260. The most common rental property sizes in Etowah, TN are 2-bedroom and 3-bedroom, accounting for 54.9% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $1,050 |
| Studio Rent | $825 | $825 |
| 1 Bed Rent | $675 | $738 |
| 2 Bed Rent | $650 | $975 |
| 3 Bed Rent | $1,150 | $1,260 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Etowah, TN
As of Nov '25, Realtor.com reports that the median days on market for a home in Etowah, TN is 69. This is a decrease of -11.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | -5.0% |
Listing Count | 56 | 25.0% |
| Listings as % of Homes | 0.8% | 25.0% |
Days on Market | 69 | -11.0% |
Demographics — Etowah, TN
As of the latest ACS Survey released in 2023, Etowah, TN has a population of 7,650, which has increased by 3.0% over the past 5 years. Etowah, TN is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,650 | 3.0% |
% Under 18 | 21.2% | 1.0% |
% Seniors | 23.3% | 8.9% |
% WFH | 3.6% | -47.8% |
% w/ College Degree | 18.9% | 92.9% |
As of the latest ACS Survey released in 2023, Etowah, TN is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Etowah, TN is black, making up 6.0% of the population. Foreign-born residents account for 2.6% of the population in Etowah, TN, and this percentage has increased by 30.0% 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 | 82.6% | -7.3% |
% Black | 6.0% | 27.7% |
% Hispanic | 3.6% | 5.9% |
% Asian | 0.7% | ∞% |
% Foreign Born | 2.6% | 30.0% |
Mortgage and Risk — Etowah, TN
According to HUD data as of 2023, there were 167 mortgage originations in Etowah, TN, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Etowah, TN. Investor activity is low, as 2.0% 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 | 167 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Rentals and Section 8 — Etowah, TN
Etowah, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 169 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $225 | $675 | $900 |
| 2 Bedroom | $370 | $650 | $1,020 |
| 3 Bedroom | $170 | $1,150 | $1,320 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Etowah, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $204,000 |
| Median Household Income | $56,500 |