Bean Station, TN—37708
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bean Station, TN
As of Oct '25, the median home price in Bean Station, TN is $251,000, with a year-over-year change of 0.7%. This indicates that home prices in Bean Station, TN are flat. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $251,000 | 0.7% |
| Single Family | $247,000 | 0.4% |
| 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 | $310,000 | 2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bean Station, TN
As of July '25, Rentcast reports the average rent in Bean Station, TN is $2,560, with a year-over-year rent change of 91.0%. Per bedroom, the median rent as of July '25 in Bean Station, TN is 2-bedrooms: $2,090, 3-bedrooms: $3,500. The most common rental property sizes in Bean Station, TN are 2-bedroom and 3-bedroom, accounting for 39.1% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,180 | $2,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,000 | $2,090 |
| 3 Bed Rent | $3,500 | $3,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bean Station, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Bean Station, TN is 73. This is a increase of 48.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $489,000 | 17.0% |
Listing Count | 29 | -15.0% |
| Listings as % of Homes | 0.7% | -15.0% |
Days on Market | 73 | 48.0% |
Demographics — Bean Station, TN
As of the latest ACS Survey released in 2023, Bean Station, TN has a population of 6,250, which has remained stable by 1.0% over the past 5 years. Bean Station, TN is a moderately popular place for families, as children make up 16.3% of the population. The area has a poorly educated workforce, with 16.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,250 | 1.0% |
% Under 18 | 16.3% | 8.7% |
% Seniors | 23.3% | -6.4% |
% WFH | 5.6% | 100.0% |
% w/ College Degree | 16.3% | 58.3% |
As of the latest ACS Survey released in 2023, Bean Station, TN is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Bean Station, TN is hispanic, making up 2.7% of the population. Foreign-born residents account for 1.7% of the population in Bean Station, TN, and this percentage has increased by 70.0% 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 | 93.8% | -3.4% |
% Black | 2.5% | 212.5% |
% Hispanic | 2.7% | 237.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.7% | 70.0% |
Mortgage and Risk — Bean Station, TN
According to HUD data as of 2023, there were 125 mortgage originations in Bean Station, TN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Bean Station, TN. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 125 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Bean Station, TN
Bean Station, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | -$1,100 | $2,000 | $900 |
| 3 Bedroom | -$2,310 | $3,500 | $1,190 |
| 4 Bedroom | N/A | N/A | $1,190 |
Affordability — Bean Station, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $251,000 |
| Median Household Income | $45,300 |