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Cornersville town, TN

ZIP 37047 — 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 37047

Median Home Value
$236,500
Median Rent
$763
Affordability Snapshot
$65,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,519/mo PITI).

14%
Rent-to-Income Ratio

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

3.7x
Home Price-to-Income Ratio

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

25.8 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 37047 in Cornersville town, TN, a household would need roughly $65,000 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 $1,519. That is roughly in line with the local median household income ($63,977). 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
83.2%+27% vs US avg
x
Vacancy Rate
6.4%-38% vs US avg
x
Broadband Access
79.7%-8% vs US avg
x
4+ Bedrooms
6.6%-55% vs US avg
x
Built Pre-1939
7.3%-43% vs US avg
x
Built Post-2014
1.2%-83% vs US avg
x
Rent Burden >30%
9.6%-81% vs US avg
x
Mortgage-Free
51.0%+34% vs US avg
x
$236,500
Home Value
$763
Rent
1984
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached84.8%
  • 1-unit attached0.9%
  • 2-9 units2.6%
  • 10+ units0.9%
  • Mobile home & other10.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$236,500
Median rent$763
Owner-occupied83.2%
Vacant6.4%
Price-to-income3.7x
Est. income to buy$65,000