Signal Mountain, TN—37377
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Signal Mountain, TN
As of Oct '25, the median home price in Signal Mountain, TN is $621,000, with a year-over-year change of 3.4%. This indicates that home prices in Signal Mountain, TN are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $621,000 | 3.4% |
| Single Family | $623,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $338,000 | -1.5% |
3 Bed | $482,000 | 1.5% |
4 Bed | $738,000 | 2.9% |
| 5 Bed | $938,000 | 3.5% |
% of Housing Stock
Rental Trends — Signal Mountain, TN
As of July '25, Rentcast reports the average rent in Signal Mountain, TN is $2,650, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in Signal Mountain, TN is 2-bedrooms: $1,390, 3-bedrooms: $2,420, 4-bedrooms: $3,120. The most common rental property sizes in Signal Mountain, TN are 2-bedroom and 3-bedroom, accounting for 42.4% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,390 |
| 3 Bed Rent | $2,500 | $2,420 |
| 4 Bed Rent | $3,000 | $3,120 |
% of Rental Stock
Property Listings — Signal Mountain, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Signal Mountain, TN is 71. This is a increase of 2.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $820,000 | 6.0% |
Listing Count | 105 | 26.0% |
| Listings as % of Homes | 0.8% | 26.0% |
Days on Market | 71 | 2.0% |
Demographics — Signal Mountain, TN
As of the latest ACS Survey released in 2023, Signal Mountain, TN has a population of 16,800, which has increased by 7.2% over the past 5 years. Signal Mountain, TN is a popular place for families, as children make up 26.2% of the population. The area has a highly educated workforce, with 59.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,800 | 7.2% |
% Under 18 | 26.2% | -1.1% |
% Seniors | 23.0% | 13.3% |
% WFH | 19.9% | 197.0% |
% w/ College Degree | 59.8% | -0.5% |
As of the latest ACS Survey released in 2023, Signal Mountain, TN is a predominantly white area, with 92.4% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Signal Mountain, TN is hispanic, making up 1.3% of the population. Foreign-born residents account for 1.6% of the population in Signal Mountain, TN, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.4% | -3.3% |
% Black | 0.8% | 33.3% |
% Hispanic | 1.3% | -23.5% |
% Asian | 1.2% | 33.3% |
% Foreign Born | 1.6% | -20.0% |
Mortgage and Risk — Signal Mountain, TN
According to HUD data as of 2023, there were 478 mortgage originations in Signal Mountain, TN, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Signal Mountain, TN. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 478 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Signal Mountain, TN
Signal Mountain, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,550 |
| 2 Bedroom | $320 | $1,400 | $1,720 |
| 3 Bedroom | -$330 | $2,500 | $2,170 |
| 4 Bedroom | -$660 | $3,000 | $2,340 |
Affordability — Signal Mountain, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $621,000 |
| Median Household Income | $116,000 |