Walland, TN—37886
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walland, TN
As of Oct '25, the median home price in Walland, TN is $405,000, with a year-over-year change of -0.0%. This indicates that home prices in Walland, TN are flat. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $405,000 | -0.0% |
| Single Family | $405,000 | -0.2% |
| 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 | $460,000 | 0.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Walland, TN
As of July '25, Rentcast reports the average rent in Walland, TN is $850, with a year-over-year rent change of -21.3%. Per bedroom, the median rent as of July '25 in Walland, TN is 2-bedrooms: $850. The most common rental property sizes in Walland, TN are 3-bedroom and 2-bedroom, accounting for 56.4% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $850 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Walland, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Walland, TN is 86. This is a increase of 50.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $692,000 | -13.0% |
Listing Count | 23 | 29.0% |
| Listings as % of Homes | 0.8% | 29.0% |
Days on Market | 86 | 50.0% |
Demographics — Walland, TN
As of the latest ACS Survey released in 2023, Walland, TN has a population of 3,580, which has decreased by -27.8% over the past 5 years. Walland, TN is a moderately popular place for families, as children make up 16.9% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,580 | -27.8% |
% Under 18 | 16.9% | -22.1% |
% Seniors | 24.0% | 54.8% |
% WFH | 6.9% | 91.7% |
% w/ College Degree | 25.0% | 62.3% |
As of the latest ACS Survey released in 2023, Walland, TN is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Walland, TN is hispanic, making up 6.5% of the population. Foreign-born residents account for 1.3% of the population in Walland, TN, and this percentage has decreased by 48.0% 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 | 91.4% | -1.1% |
% Black | 0.0% | N/A |
% Hispanic | 6.5% | -4.4% |
% Asian | 0.9% | 350.0% |
% Foreign Born | 1.3% | -48.0% |
Mortgage and Risk — Walland, TN
According to HUD data as of 2023, there were 119 mortgage originations in Walland, TN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Walland, TN. Investor activity is low, as 1.0% of loans were by investors. 28.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 119 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 28.0% |
Loan Activity
Rentals and Section 8 — Walland, TN
Walland, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,120 |
| 2 Bedroom | $520 | $850 | $1,370 |
| 3 Bedroom | N/A | N/A | $1,760 |
| 4 Bedroom | N/A | N/A | $2,070 |
Affordability — Walland, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $405,000 |
| Median Household Income | $65,700 |