Gadsden, TN—38337
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gadsden, TN
As of Oct '25, the median home price in Gadsden, TN is $191,000, with a year-over-year change of 3.3%. This indicates that home prices in Gadsden, TN are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $191,000 | 3.3% |
| Single Family | $190,000 | 3.8% |
| 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 — Gadsden, TN
Gadsden, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $1,020 |
| 3 Bed Rent | $800 | $800 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Gadsden, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Gadsden, TN is 93. This is a increase of 31.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $227,000 | -57.0% |
Listing Count | 2 | -57.0% |
| Listings as % of Homes | 0.5% | -57.0% |
Days on Market | 93 | 31.0% |
Demographics — Gadsden, TN
As of the latest ACS Survey released in 2023, Gadsden, TN has a population of 1,360, which has increased by 2.0% over the past 5 years. Gadsden, TN is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 27.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,360 | 2.0% |
% Under 18 | 24.1% | 14.2% |
% Seniors | 15.0% | -23.1% |
% WFH | 9.0% | 200.0% |
% w/ College Degree | 27.0% | 98.5% |
As of the latest ACS Survey released in 2023, Gadsden, TN is a predominantly white area, with 80.0% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Gadsden, TN is black, making up 10.6% of the population. Foreign-born residents account for 0.4% of the population in Gadsden, TN, and this percentage has decreased by 55.6% 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 | 80.0% | -9.6% |
% Black | 10.6% | 92.7% |
% Hispanic | 0.7% | -83.7% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.4% | -55.6% |
Mortgage and Risk — Gadsden, TN
According to HUD data as of 2023, there were 39 mortgage originations in Gadsden, TN, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Gadsden, TN. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Gadsden, TN
Gadsden, 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 | $870 |
| 2 Bedroom | $220 | $900 | $1,120 |
| 3 Bedroom | $560 | $800 | $1,360 |
| 4 Bedroom | -$310 | $2,000 | $1,690 |
Affordability — Gadsden, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $191,000 |
| Median Household Income | $60,300 |