Roan Mountain, TN—37687
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Roan Mountain, TN
As of Nov '25, the median home price in Roan Mountain, TN is $234,000, with a year-over-year change of -2.3%. This indicates that home prices in Roan Mountain, TN are decreasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $234,000 | -2.3% |
| Single Family | $234,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $307,000 | -0.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Roan Mountain, TN
Roan Mountain, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Roan Mountain, TN
As of Nov '25, Realtor.com reports that the median days on market for a home in Roan Mountain, TN is 99. This is a increase of 10.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $540,000 | 15.0% |
Listing Count | 36 | 9.0% |
| Listings as % of Homes | 0.5% | 9.0% |
Days on Market | 99 | 10.0% |
Demographics — Roan Mountain, TN
As of the latest ACS Survey released in 2023, Roan Mountain, TN has a population of 4,380, which has decreased by -3.0% over the past 5 years. Roan Mountain, TN is a moderately popular place for families, as children make up 17.7% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,380 | -3.0% |
% Under 18 | 17.7% | 16.4% |
% Seniors | 21.8% | -4.8% |
% WFH | 2.4% | 9.1% |
% w/ College Degree | 13.7% | -18.9% |
As of the latest ACS Survey released in 2023, Roan Mountain, TN is a predominantly white area, with 97.9% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Roan Mountain, TN is hispanic, making up 1.1% of the population. Foreign-born residents account for 0.6% of the population in Roan Mountain, TN, and this percentage has increased by 200.0% 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 | 97.9% | 0.6% |
% Black | 0.6% | -45.5% |
% Hispanic | 1.1% | 10.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | 200.0% |
Mortgage and Risk — Roan Mountain, TN
According to HUD data as of 2023, there were 50 mortgage originations in Roan Mountain, TN, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Roan Mountain, TN. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — Roan Mountain, TN
Roan Mountain, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,200 |
| 3 Bedroom | N/A | N/A | $1,490 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Roan Mountain, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $234,000 |
| Median Household Income | $45,700 |