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Hollow Rock town, TN

ZIP 38342 — 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 38342

Median Home Value
$108,200
Median Rent
$294
Affordability Snapshot
$30,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$695/mo PITI).

9%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

30.7 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 38342 in Hollow Rock town, TN, a household would need roughly $30,000 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 $695. That sits below the local median household income ($38,140), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
73.0%+12% vs US avg
x
Vacancy Rate
9.0%-13% vs US avg
x
Broadband Access
76.2%-12% vs US avg
x
4+ Bedrooms
1.4%-91% vs US avg
x
Built Pre-1939
6.1%-52% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
1.4%-97% vs US avg
x
Mortgage-Free
51.3%+34% vs US avg
x
$108,200
Home Value
$294
Rent
1979
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached73.9%
  • 1-unit attached0.7%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other25.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$108,200
Median rent$294
Owner-occupied73.0%
Vacant9.0%
Price-to-income2.8x
Est. income to buy$30,000