Spring City, TN—37381
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spring City, TN
As of Oct '25, the median home price in Spring City, TN is $250,000, with a year-over-year change of -0.2%. This indicates that home prices in Spring City, TN are flat. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $250,000 | -0.2% |
| Single Family | $249,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $234,000 | 2.6% |
3 Bed | $313,000 | 1.0% |
4 Bed | $400,000 | 1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Spring City, TN
As of July '25, Rentcast reports the average rent in Spring City, TN is $1,920, with a year-over-year rent change of 113.3%. Per bedroom, the median rent as of July '25 in Spring City, TN is 2-bedrooms: $898. The most common rental property sizes in Spring City, TN are 2-bedroom and 3-bedroom, accounting for 49.8% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,920 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $898 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Spring City, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Spring City, TN is 64. This is a decrease of -8.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $373,000 | -8.0% |
Listing Count | 57 | 23.0% |
| Listings as % of Homes | 0.9% | 23.0% |
Days on Market | 64 | -8.0% |
Demographics — Spring City, TN
As of the latest ACS Survey released in 2023, Spring City, TN has a population of 10,200, which has increased by 11.7% over the past 5 years. Spring City, TN is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | 11.7% |
% Under 18 | 19.9% | -8.7% |
% Seniors | 20.5% | -10.5% |
% WFH | 9.6% | 81.1% |
% w/ College Degree | 14.1% | -25.8% |
As of the latest ACS Survey released in 2023, Spring City, TN is a predominantly white area, with 93.7% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Spring City, TN is hispanic, making up 2.5% of the population. Foreign-born residents account for 0.6% of the population in Spring City, TN, and this percentage has decreased by 25.0% 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 | 93.7% | -4.6% |
% Black | 1.6% | 128.6% |
% Hispanic | 2.5% | 1,150.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -25.0% |
Mortgage and Risk — Spring City, TN
According to HUD data as of 2023, there were 189 mortgage originations in Spring City, TN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Spring City, TN. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 189 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 4.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Spring City, TN
Spring City, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 147 |
Total Units Section 8 | 93 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 59.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | $0 | $900 | $900 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Spring City, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $250,000 |
| Median Household Income | $57,600 |