US5.com
  1. Home
  2. States
  3. Tennessee
  4. ZIP 38235
  5. Housing & Real Estate
McLemoresville town, TN

ZIP 38235 — 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 38235

Median Home Value
$106,800
Median Rent
$661
Affordability Snapshot
$29,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$686/mo PITI).

14%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.5 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 38235 in McLemoresville town, TN, a household would need roughly $29,000 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 $686. That sits below the local median household income ($58,750), 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

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics

Historic housing stock (21% built before 1939)

Owner Occupied
63.6%-3% vs US avg
x
Vacancy Rate
16.2%+57% vs US avg
x
Broadband Access
90.9%+4% vs US avg
x
4+ Bedrooms
0.9%-94% vs US avg
x
Built Pre-1939
20.9%+64% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
12.5%-75% vs US avg
x
Mortgage-Free
57.1%+50% vs US avg
x
$106,800
Home Value
$661
Rent
1962
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 detached88.6%
  • 1-unit attached1.9%
  • 2-9 units1.0%
  • 10+ units0.0%
  • Mobile home & other8.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$106,800
Median rent$661
Owner-occupied63.6%
Vacant16.2%
Price-to-income1.8x
Est. income to buy$29,000