Dandridge, TN—37725
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dandridge, TN
As of Oct '25, the median home price in Dandridge, TN is $372,000, with a year-over-year change of 0.3%. This indicates that home prices in Dandridge, TN are flat. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $372,000 | 0.3% |
| Single Family | $367,000 | 0.5% |
| Condos | $593,000 | 3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $344,000 | 0.9% |
3 Bed | $395,000 | 1.0% |
4 Bed | $522,000 | 1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dandridge, TN
As of July '25, Rentcast reports the average rent in Dandridge, TN is $1,810, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Dandridge, TN is studios: $584, 1-bedrooms: $1,050, 2-bedrooms: $1,860, 3-bedrooms: $1,740, 4-bedrooms: $2,350. The most common rental property sizes in Dandridge, TN are 2-bedroom and 3-bedroom, accounting for 46.7% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,810 |
| Studio Rent | $584 | $584 |
| 1 Bed Rent | $1,050 | $1,050 |
| 2 Bed Rent | $1,500 | $1,860 |
| 3 Bed Rent | $1,400 | $1,740 |
| 4 Bed Rent | $1,700 | $2,350 |
% of Rental Stock
Property Listings — Dandridge, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Dandridge, TN is 76. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $600,000 | 0.0% |
Listing Count | 185 | 34.0% |
| Listings as % of Homes | 0.8% | 34.0% |
Days on Market | 76 | 1.0% |
Demographics — Dandridge, TN
As of the latest ACS Survey released in 2023, Dandridge, TN has a population of 18,200, which has increased by 3.4% over the past 5 years. Dandridge, TN is a moderately popular place for families, as children make up 16.7% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,200 | 3.4% |
% Under 18 | 16.7% | -8.7% |
% Seniors | 23.6% | 10.3% |
% WFH | 6.6% | 40.4% |
% w/ College Degree | 19.9% | 13.1% |
As of the latest ACS Survey released in 2023, Dandridge, TN is a predominantly white area, with 91.7% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Dandridge, TN is hispanic, making up 2.3% of the population. Foreign-born residents account for 2.4% of the population in Dandridge, TN, and this percentage has increased by 9.1% 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 | 91.7% | -1.5% |
% Black | 1.5% | -16.7% |
% Hispanic | 2.3% | -20.7% |
% Asian | 0.8% | 14.3% |
% Foreign Born | 2.4% | 9.1% |
Mortgage and Risk — Dandridge, TN
According to HUD data as of 2023, there were 403 mortgage originations in Dandridge, TN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Dandridge, 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 | 403 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Dandridge, TN
As of 2024, the percent of homes in Dandridge, TN under the Section 8 program is 1.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Dandridge, TN, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $1,050 | $900 |
| 2 Bedroom | -$340 | $1,500 | $1,160 |
| 3 Bedroom | $120 | $1,400 | $1,520 |
| 4 Bedroom | $200 | $1,700 | $1,900 |
Affordability — Dandridge, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $372,000 |
| Median Household Income | $65,000 |