New Bethel, TN—38066

As of Aug '25, the median home price in New Bethel, TN is $510,000, with a year-over-year change of 2.2%. This indicates that home prices in New Bethel, TN are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

As of Aug '25 and according to Realtor.com, the median days on market for a home in New Bethel, TN is 100. This is an increase of 10.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 43.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

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 New Bethel, TN in that year was 41. 90.0% 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 51.0%. Of those, 12.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in New Bethel, TN. Investor activity in New Bethel, TN is low, as 0.0% of all loans are originated by investors. In 2023, 10.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.