Denmark, TN—38391
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Denmark, TN
As of Oct '25, the median home price in Denmark, TN is $172,000, with a year-over-year change of -3.2%. This indicates that home prices in Denmark, TN are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $172,000 | -3.2% |
| Single Family | $173,000 | -1.7% |
| 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 — Denmark, TN
Denmark, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,100 |
| 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 | $1,100 | $1,100 |
% of Rental Stock
Property Listings — Denmark, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Denmark, TN is 81. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $257,000 | 17.0% |
Listing Count | 3 | 57.0% |
| Listings as % of Homes | 0.3% | 57.0% |
Days on Market | 81 | -22.0% |
Demographics — Denmark, TN
As of the latest ACS Survey released in 2023, Denmark, TN has a population of 1,510, which has increased by 38.3% over the past 5 years. Denmark, TN is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 6.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,510 | 38.3% |
% Under 18 | 18.8% | -6.9% |
% Seniors | 18.6% | -2.1% |
% WFH | 4.2% | ∞% |
% w/ College Degree | 6.0% | -67.6% |
Denmark, TN lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 16.9% | -6.6% |
% Black | 80.8% | 2.1% |
% Hispanic | 1.7% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Denmark, TN
According to HUD data as of 2023, there were 22 mortgage originations in Denmark, TN, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Denmark, TN. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 22 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Denmark, TN
Denmark, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $1,120 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | $450 | $1,100 | $1,550 |
Affordability — Denmark, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $172,000 |
| Median Household Income | $74,100 |