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Fairview city, TN

ZIP 37062 — 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 37062

Median Home Value
$344,600
Median Rent
$1,095
Affordability Snapshot
$95,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,214/mo PITI).

15%
Rent-to-Income Ratio

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

3.9x
Home Price-to-Income Ratio

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

26.2 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 37062 in Fairview city, TN, a household would need roughly $95,000 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 $2,214. That is roughly in line with the local median household income ($87,598). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
81.2%+24% vs US avg
x
Vacancy Rate
1.1%-89% vs US avg
x
Broadband Access
90.1%+4% vs US avg
x
4+ Bedrooms
4.0%-73% vs US avg
x
Built Pre-1939
1.4%-89% vs US avg
x
Built Post-2014
3.3%-52% vs US avg
x
Rent Burden >30%
19.6%-61% vs US avg
x
Mortgage-Free
34.5%-10% vs US avg
x
$344,600
Home Value
$1,095
Rent
1994
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached84.8%
  • 1-unit attached1.8%
  • 2-9 units5.8%
  • 10+ units1.1%
  • Mobile home & other6.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$344,600
Median rent$1,095
Owner-occupied81.2%
Vacant1.1%
Price-to-income3.9x
Est. income to buy$95,000