Real Estate Investing in Sewanee, Tennessee (37375)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Franklin County • Population: 3,997 • Data updated: September 2026

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Should you buy in 37375 (Sewanee, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (48/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 17.0% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 26.6 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Sewanee, TN (37375)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $420,054
Avg Monthly Rent $1,314
1% Rule ✗ Does Not Meet
Median Income $72,708
% Renters 16.5%

Market Analysis: 37375 Sewanee

This part of Franklin County is not an easy win. The 37375 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The investment case in 37375 is notable only for operators who understand what they are buying. A $420K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Statewide comparisons place 37375 among TN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Employment concentration in 37375 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Distressed ZIPs reward experience. substantial returns are possible in 37375, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Sewanee:

C Below Average
Buy Confidence Score: 56/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Rising (+5.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,314/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Tullahoma-Manchester, TN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Tullahoma-Manchester, TN metro data

Market Trends

Home Value History (with trend line)

$444K$384K$323K$263K$202K$141KJul 2006Jul 2016Jul 2026

📊 How Does 37375 Compare?

Metric 37375 Sewanee Tullahoma-Manchester, TN Tennessee
Home Value $420,054 $210,027 N/A $327,001
5-Year CAGR 4.8% 4.8% N/A 7.7%
Avg Rent $1,314 $1,314 N/A -
Cap Rate 2.4% 2.4% - -
💡 Why Invest in 37375? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 37375 (Sewanee, TN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.4%
Low
5yr Growth
+4.8%
Moderate

📊 Market Snapshot

Home Value $420,054
Monthly Rent $1,314
Price-to-Rent 26.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.8%
Cap Rate 2.4%
5-Year IRR 7.2%

📈 Home Appreciation

1-Year +5.7% ▲
3-Year CAGR +2.0% ▲
5-Year CAGR +4.8% ▲
10-Year CAGR +7.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
17.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.8%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 37375

Population: 3,997

💰 Median Household Income
$72,708
This area
$72,708
State
$60,881
USA
$74,580
🏠 Renter Occupied
16.5%
This area
16.5%
State
25.6%
USA
34.0%
💼 Unemployment Rate
0.5%
This area
0.5%
State
-22.2%
USA
3.7%
🎓 College Educated
64.9%
This area
64.9%
State
-6.3%
USA
33.7%
👤 Median Age
26.5 years
This area
26.5 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
17.0%
This area
17.0%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 90.1%
Other/Mixed 7.2%
Hispanic/Latino 2.2%
Black/African American 1.6%
Asian 1.2%
👶 Under 18
8.9%
This area
8.9%
USA
22.0%
👴 65 and Over
22.4%
This area
22.4%
USA
17.3%
📊 Poverty Rate
2.1%
This area
2.1%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 37375

B+ Avg School Grade
1 Schools
11.7:1 Avg Class Size
$11,739 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Sewanee Elementary

📚 Pre-K – 05 Elementary
👥
169 Students
👨‍🏫
11.7:1 Class Size
💰
$11,739 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby
B
The University of the South
1,693 students · 4.1 mi

Frequently Asked Questions

How does Sewanee, TN rate as a rental market?

Investors tracking Sewanee, TN will find a 3.0/5 rating supported by $420K median home values and $1,314/mo rents. That profile suits long-term holders targeting stable returns.

What kind of vacancy should I budget for in Sewanee, TN?

Rental vacancy in Sewanee, TN is elevated. Investors should budget normal turnover but not chronic empty units.

What do rentals go for in Sewanee, TN?

Rents in Sewanee, TN run near $1,314/mo. Compared with median home prices of $420K that produces solid gross yields for typical rentals.

Is it easy to find good tenants in Sewanee, TN?

Tenant quality in Sewanee, TN ranks as solid. Landlords generally report reliable occupancy at market rents of $1,314/mo.

What is the median home value in Sewanee, TN?

Sewanee, TN median home values land near $420K. That is reasonable territory for investors looking at $1,314/mo-per-month rentals.

You know 37375 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 37375 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 37375 ranks in Tullahoma-Manchester, TN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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