US5.com
  1. Home
  2. States
  3. Tennessee
  4. ZIP 37705
  5. Housing & Real Estate
Norris city, TN

ZIP 37705 — 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 37705

Median Home Value
$310,800
Median Rent
$912
Affordability Snapshot
$86,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,996/mo PITI).

14%
Rent-to-Income Ratio

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

4.0x
Home Price-to-Income Ratio

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

28.4 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 37705 in Norris city, TN, a household would need roughly $86,000 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 $1,996. That is roughly in line with the local median household income ($77,853). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.2%+35% vs US avg
x
Vacancy Rate
21.7%+110% vs US avg
x
Broadband Access
92.3%+6% vs US avg
x
4+ Bedrooms
7.1%-52% vs US avg
x
Built Pre-1939
3.7%-71% vs US avg
x
Built Post-2014
3.5%-50% vs US avg
x
Rent Burden >30%
9.3%-81% vs US avg
x
Mortgage-Free
30.6%-20% vs US avg
x
$310,800
Home Value
$912
Rent
1988
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 detached80.4%
  • 1-unit attached5.8%
  • 2-9 units0.0%
  • 10+ units3.3%
  • Mobile home & other10.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$310,800
Median rent$912
Owner-occupied88.2%
Vacant21.7%
Price-to-income4.0x
Est. income to buy$86,000