Dresden, TN—38225
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dresden, TN
As of Oct '25, the median home price in Dresden, TN is $171,000, with a year-over-year change of 4.5%. This indicates that home prices in Dresden, TN are increasing. According to Zillow, the 1-year price projection is 5.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | 4.5% |
| Single Family | $171,000 | 6.2% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dresden, TN
As of July '25, Rentcast reports the average rent in Dresden, TN is $1,080, with a year-over-year rent change of 13.7%. Per bedroom, the median rent as of July '25 in Dresden, TN is 2-bedrooms: $1,050, 3-bedrooms: $1,100. The most common rental property sizes in Dresden, TN are 2-bedroom and 3-bedroom, accounting for 51.6% and 33.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $1,050 |
| 3 Bed Rent | $1,000 | $1,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dresden, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Dresden, TN is 67. This is a increase of 8.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $225,000 | 0.0% |
Listing Count | 25 | 17.0% |
| Listings as % of Homes | 0.4% | 17.0% |
Days on Market | 67 | 8.0% |
Demographics — Dresden, TN
As of the latest ACS Survey released in 2023, Dresden, TN has a population of 6,180, which has increased by 11.5% over the past 5 years. Dresden, TN is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,180 | 11.5% |
% Under 18 | 20.9% | -0.5% |
% Seniors | 23.1% | 6.0% |
% WFH | 4.5% | 246.2% |
% w/ College Degree | 16.0% | 30.1% |
As of the latest ACS Survey released in 2023, Dresden, TN is a predominantly white area, with 96.5% of the population identifying as white. The white population has grown by 4.6% in the last 5 years. The second most common race or ethnicity in Dresden, TN is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.0% of the population in Dresden, TN, and this percentage has decreased by 100.0% 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 | 96.5% | 4.6% |
% Black | 0.6% | -88.5% |
% Hispanic | 1.2% | -47.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Dresden, TN
According to HUD data as of 2023, there were 74 mortgage originations in Dresden, TN, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Dresden, TN. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Dresden, TN
Dresden, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | $0 | $900 | $900 |
| 3 Bedroom | $80 | $1,000 | $1,080 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Dresden, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $171,000 |
| Median Household Income | $50,200 |