Obion, TN—38240
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Obion, TN
As of Oct '25, the median home price in Obion, TN is $147,000, with a year-over-year change of -1.4%. This indicates that home prices in Obion, TN are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | -1.4% |
| Single Family | $147,000 | -1.3% |
| 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 — Obion, TN
Obion, 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 — Obion, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Obion, TN is 84. This is a increase of 62.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $114,000 | -49.0% |
Listing Count | 8 | 32.0% |
| Listings as % of Homes | 0.7% | 32.0% |
Days on Market | 84 | 62.0% |
Demographics — Obion, TN
As of the latest ACS Survey released in 2023, Obion, TN has a population of 1,760, which has decreased by -28.9% over the past 5 years. Obion, TN is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 11.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,760 | -28.9% |
% Under 18 | 18.6% | -22.8% |
% Seniors | 23.3% | 46.5% |
% WFH | 3.8% | 65.2% |
% w/ College Degree | 11.2% | 21.7% |
As of the latest ACS Survey released in 2023, Obion, TN is a predominantly white area, with 88.4% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Obion, TN is hispanic, making up 4.1% of the population. Foreign-born residents account for 2.4% of the population in Obion, TN, and this percentage has increased by 242.9% 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 | 88.4% | -3.8% |
% Black | 3.2% | 52.4% |
% Hispanic | 4.1% | 51.9% |
% Asian | 0.2% | -33.3% |
% Foreign Born | 2.4% | 242.9% |
Mortgage and Risk — Obion, TN
Obion, TN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Obion, TN
Obion, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 29 |
Total Units Section 8 | 0 |
% 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 | $900 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Obion, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $147,000 |
| Median Household Income | $58,500 |