Hickory Valley, TN38042

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$195,000
1.5% YoY Growth
Median Household Income
$48,900
61.4% 5-Year Growth
Days on Market
43
61.0% Shorter than last year
Home Price Forecast
N/A
Median 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

Property Listings — Hickory Valley, TN

As of Aug '25 and according to Realtor.com, the median days on market for a home in Hickory Valley, TN is 43. This is an decrease of -61.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$450,000-5.0%
Listing Count
6N/A
Listings as % of Homes0.5%N/A
Days on Market
43-61.0%
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Demographics — Hickory Valley, TN

MetricLatest CensusYoY % Change
Population
451-37.9%
% Under 18
2.0%-87.9%
% Under 5N/AN/A
% Seniors
55.7%153.2%
% WFH
0.0%-100.0%
% w/ College Degree
21.6%86.2%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.4%50.5%
% Black
12.6%-70.2%
% Hispanic
0.0%N/A
% Asian
0.0%-100.0%
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Hickory Valley, TN

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Hickory Valley, TN in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Hickory Valley, TN. Investor activity in Hickory Valley, TN is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Hickory Valley, TN

As of 2024, the percent of homes in Hickory Valley, TN under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
1.6%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,040
2 BedroomN/AN/A$1,170
3 BedroomN/AN/A$1,540
4 BedroomN/AN/A$1,800

Affordability — Hickory Valley, TN

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.4N/AN/A
Median Home Price$195,000N/AN/A
Median Household Income$48,900N/AN/A

Hickory Valley, TN — ZIP Code Boundary Map

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