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Graysville town, TN

ZIP 37338 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37338

Median Home Value
$121,900
Median Rent
$559
Affordability Snapshot
$34,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$783/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 37338 in Graysville town, TN, a household would need roughly $34,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $783. That sits below the local median household income ($38,111), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
71.1%+9% vs US avg
x
Vacancy Rate
10.0%-3% vs US avg
x
Broadband Access
90.0%+3% vs US avg
x
4+ Bedrooms
2.0%-87% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
1.7%-76% vs US avg
x
Rent Burden >30%
7.0%-86% vs US avg
x
Mortgage-Free
61.2%+60% vs US avg
x
$121,900
Home Value
$559
Rent
1997
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached56.7%
  • 1-unit attached0.8%
  • 2-9 units6.4%
  • 10+ units0.0%
  • Mobile home & other36.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$121,900
Median rent$559
Owner-occupied71.1%
Vacant10.0%
Price-to-income3.2x
Est. income to buy$34,000