US5.com
  1. Home
  2. States
  3. Tennessee
  4. ZIP 38255
  5. Housing & Real Estate
Sharon town, TN

ZIP 38255 — 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 38255

Median Home Value
$105,200
Median Rent
$458
Affordability Snapshot
$29,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$676/mo PITI).

13%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.1 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 38255 in Sharon 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 $676. That sits below the local median household income ($42,125), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
74.2%+13% vs US avg
x
Vacancy Rate
12.1%+17% vs US avg
x
Broadband Access
79.0%-9% vs US avg
x
4+ Bedrooms
2.6%-82% vs US avg
x
Built Pre-1939
6.1%-52% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
9.6%-81% vs US avg
x
Mortgage-Free
52.7%+38% vs US avg
x
$105,200
Home Value
$458
Rent
1971
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 detached76.9%
  • 1-unit attached0.6%
  • 2-9 units8.4%
  • 10+ units0.3%
  • Mobile home & other13.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$105,200
Median rent$458
Owner-occupied74.2%
Vacant12.1%
Price-to-income2.5x
Est. income to buy$29,000