New Bethel, TN—38066
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Bethel, TN
As of Nov '25, the median home price in New Bethel, TN is $506,000, with a year-over-year change of 2.3%. This indicates that home prices in New Bethel, TN are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $506,000 | 2.3% |
| Single Family | $506,000 | 2.2% |
| 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 | $434,000 | 1.9% |
4 Bed | $631,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Bethel, TN
New Bethel, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Bethel, TN
As of Nov '25, Realtor.com reports that the median days on market for a home in New Bethel, TN is 137. This is a increase of 33.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $640,000 | 12.0% |
Listing Count | 39 | 15.0% |
| Listings as % of Homes | 1.9% | 15.0% |
Days on Market | 137 | 33.0% |
Demographics — New Bethel, TN
As of the latest ACS Survey released in 2023, New Bethel, TN has a population of 3,710, which has increased by 34.4% over the past 5 years. New Bethel, TN is a moderately popular place for families, as children make up 15.4% of the population. The area has a moderately educated workforce, with 33.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,710 | 34.4% |
% Under 18 | 15.4% | 1.3% |
% Seniors | 24.7% | 26.0% |
% WFH | 12.6% | 65.8% |
% w/ College Degree | 33.6% | 37.7% |
As of the latest ACS Survey released in 2023, New Bethel, TN is a predominantly white area, with 65.4% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in New Bethel, TN is black, making up 26.3% of the population. Foreign-born residents account for 4.7% of the population in New Bethel, TN, and this percentage has increased by 291.7% 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 | 65.4% | 2.0% |
% Black | 26.3% | -22.4% |
% Hispanic | 5.3% | 488.9% |
% Asian | 1.5% | 275.0% |
% Foreign Born | 4.7% | 291.7% |
Mortgage and Risk — New Bethel, TN
According to HUD data as of 2023, there were 41 mortgage originations in New Bethel, TN, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in New Bethel, TN. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 41 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Rentals and Section 8 — New Bethel, TN
New Bethel, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,540 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — New Bethel, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $506,000 |
| Median Household Income | $105,000 |