Atoka, TN—38004
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Atoka, TN
As of Oct '25, the median home price in Atoka, TN is $347,000, with a year-over-year change of 1.4%. This indicates that home prices in Atoka, TN are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $347,000 | 1.4% |
| Single Family | $347,000 | 1.8% |
| 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 | $312,000 | 1.0% |
4 Bed | $398,000 | 1.3% |
| 5 Bed | $434,000 | 0.7% |
% of Housing Stock
Rental Trends — Atoka, TN
As of July '25, Rentcast reports the average rent in Atoka, TN is $2,080, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Atoka, TN is 1-bedrooms: $1,190, 3-bedrooms: $2,010, 4-bedrooms: $2,500. The most common rental property sizes in Atoka, TN are 3-bedroom and 4-bedroom, accounting for 64.4% and 14.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,120 | $2,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,190 | $1,190 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,010 |
| 4 Bed Rent | $2,390 | $2,500 |
% of Rental Stock
Property Listings — Atoka, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Atoka, TN is 55. This is a increase of 31.0% 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 55.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $418,000 | 2.0% |
Listing Count | 62 | 25.0% |
| Listings as % of Homes | 0.8% | 25.0% |
Days on Market | 55 | 31.0% |
Demographics — Atoka, TN
As of the latest ACS Survey released in 2023, Atoka, TN has a population of 11,700, which has increased by 10.2% over the past 5 years. Atoka, TN is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,700 | 10.2% |
% Under 18 | 23.3% | -19.7% |
% Seniors | 12.4% | 51.2% |
% WFH | 8.8% | 266.7% |
% w/ College Degree | 29.4% | 3.2% |
As of the latest ACS Survey released in 2023, Atoka, TN is a predominantly white area, with 81.1% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Atoka, TN is black, making up 11.5% of the population. Foreign-born residents account for 1.1% of the population in Atoka, TN, and this percentage has decreased by 35.3% 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 | 81.1% | -2.5% |
% Black | 11.5% | 25.0% |
% Hispanic | 3.2% | 6.7% |
% Asian | 1.0% | 25.0% |
% Foreign Born | 1.1% | -35.3% |
Mortgage and Risk — Atoka, TN
According to HUD data as of 2023, there were 276 mortgage originations in Atoka, TN, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Atoka, TN. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 276 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Atoka, TN
Atoka, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $1,190 | $1,440 |
| 2 Bedroom | N/A | N/A | $1,620 |
| 3 Bedroom | $130 | $2,000 | $2,130 |
| 4 Bedroom | $100 | $2,390 | $2,490 |
Affordability — Atoka, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $347,000 |
| Median Household Income | $90,500 |