US5.com
  1. Home
  2. States
  3. Tennessee
  4. ZIP 37656
  5. Housing & Real Estate
Fall Branch CDP, TN

ZIP 37656 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37656

Median Home Value
$231,900
Median Rent
$675
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,490/mo PITI).

12%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

28.6 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 37656 in Fall Branch CDP, TN, a household would need roughly $64,000 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 $1,490. That is roughly in line with the local median household income ($65,731). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
89.3%+37% vs US avg
x
Vacancy Rate
12.3%+19% vs US avg
x
Broadband Access
87.3%+0% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
3.8%-71% vs US avg
x
Built Post-2014
1.6%-77% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
59.0%+54% vs US avg
x
$231,900
Home Value
$675
Rent
1983
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached81.2%
  • 1-unit attached0.0%
  • 2-9 units3.4%
  • 10+ units0.0%
  • Mobile home & other15.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$231,900
Median rent$675
Owner-occupied89.3%
Vacant12.3%
Price-to-income3.5x
Est. income to buy$64,000