The story of this market
The typical home in ZIP 37342 sells for about $223,900, or $135 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $913 a month.
ZIP 37342 — Hillsboro
The housing market in ZIP 37342 remains stable, characterized by modest price appreciation and low inventory levels. Demand is supported by local affordability relative to larger regional hubs, though limited supply continues to constrain sales volume. Market conditions are expected to remain steady as interest rates and local economic factors balance out.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options, while remaining within commuting distance of regional employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 85 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.3% · poverty 16.7% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 37342, Coffee County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Hillsboro area are generally low and stable, consistent with rural Coffee County trends and significantly lower than regional urban centers like Nashville or Chattanooga.
Schools serving the area are part of the Coffee County School District, which generally maintains average performance ratings compared to state benchmarks.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding in low-lying areas; wildfire risk is considered low to moderate.
Economic momentum is driven by proximity to Manchester and Tullahoma, with local employment anchored by manufacturing and agricultural sectors.
Property taxes are assessed by Coffee County based on a local tax rate applied to the appraised value; no state income tax is levied on wages in Tennessee.
Commutes are primarily car-dependent, with residents typically driving to nearby employment hubs in Manchester or Tullahoma via I-24.
The area offers access to rural outdoor activities, including proximity to Old Stone Fort State Archaeological Park and various local hiking trails.
The rental market is limited in depth, characterized by low vacancy pressure and a mix of long-term single-family rentals.
The local economy is primarily supported by manufacturing, agriculture, and small-scale retail, with many residents commuting to larger nearby cities.
Transportation is almost exclusively via private vehicle, with I-24 serving as the primary corridor for regional travel.
Development is largely focused on low-density residential expansion and small commercial projects along major thoroughfares.
The Coffee County Assessor's office conducts periodic reappraisals to ensure property values align with market trends.
Parcels are subject to county-wide school and general service taxes; no major MUDs or PIDs are currently active in this ZIP.
Property insurance premiums are generally stable, though coverage for wind and hail damage is a standard consideration for homeowners.
Tennessee continues to see positive net domestic migration, driven by lower costs of living and a favorable tax environment.
Tennessee is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults.
Sellers are required to provide a residential property disclosure statement, though 'as-is' sales are common.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- The Caverns4.88.1 mi
- Jim Oliver's Smoke House Restaurant4.112 mi
- The Caverns4.88.1 mi
- Old Stone Fort State Archaeological Park4.810.9 mi
- Short Springs Natural Area4.813 mi
- Beans Creek Winery4.89.5 mi
- Fred Deadman Park4.610.1 mi
- Old Stone Fort State Archaeological Park4.810.9 mi
- Beechcraft Heritage Museum4.916.6 mi
- Hands-On Science Center (HOSC)4.413.8 mi
- Coffee County Courthouse4.210.1 mi
- Cowan Railroad Museum4.615.9 mi
- Old Stone Fort State Archaeological Park4.810.9 mi
- Rutledge Falls4.810.7 mi
- Fiery Gizzard State Park4.712.9 mi
- Short Springs Natural Area4.813 mi
- Manchester Recreation Department4.510.4 mi
- Twin Creeks Marina & Resort4.616.9 mi
- Bluegill Grill4.418.5 mi
- Tims Ford Marina & Resort4.520 mi
- Holiday Landing Marina4.518.5 mi
- WillowBrook Golf Club4.511.1 mi
- The Course at Sewanee4.612.1 mi
- Boskey's Grille4.511.1 mi
- Dollar General3.89.4 mi
- Johnson's Highway 55 Flea Market4.29.7 mi
- Dollar General4.111.9 mi
- Dollar General4.19.2 mi
- Farrar Place4.19.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features hiking trails and historical sites along the Duck River.
Provides essential retail and dining options within a short drive.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.