Tennessee.
29th most expensive state. Typical home $330,844 (+0.6% in a year), estimated payment $1,824 a month. As of Sep 2026.
to buy the typical home at today's mortgage rate — +$960 (+124%) since Jan 2020.
- 1 year
- Up $1,825 +1%
- $329,019$330,844 since Sep 2025
- 5 years
- Up $62,629 +23%
- $268,215$330,844 since Sep 2021
- 10 years
- Up $164,155 +98%
- $166,690$330,844 since Sep 2016
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Tennessee$1,737
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Tennessee rose 0.6% over the past year — slower than the nation's +1.2%.
Buying the typical Tennessee home now takes 31% of the median household income ($69,595/yr, ACS 2020–2024) — the standard affordability line is 30%.
Share of median income needed to buy
Monthly payment for the typical home against the local median household income. Income is an annual survey, stepped — the saw-teeth are survey years, not markets.
- Tennessee29.94%
- United States28.57%
Tennessee home values
Zillow Home Value Index against the national figure. Mid-tier homes, smoothed and seasonally adjusted.
- Tennessee$330,844
- United States$366,157
Metros in Tennessee
Largest first, by population. Zillow publishes rent for fewer metros than home values, so a dash means no series — not a market at zero.
| # | Metro activate to sort by Metro | Rent activate to sort by Rent | 1-yr Δ activate to sort by 1-yr Δ | Home value sorted descending, activate to sort ascending | 1-yr Δ activate to sort by 1-yr Δ |
|---|---|---|---|---|---|
| 1 | Nashville | $1,803 | +1.2% | $448,896 | -0.5% |
| 2 | Sevierville | $1,730 | +7.9% | $406,740 | -0.0% |
| 3 | Knoxville | $1,725 | +1.4% | $363,018 | +1.9% |
| 4 | Shelbyville | $1,356 | — | $326,792 | +1.0% |
| 5 | Chattanooga | $1,509 | +2.3% | $318,922 | -0.3% |
| 6 | Lewisburg | $1,547 | — | $318,498 | +2.4% |
| 7 | Tullahoma | $1,473 | +3.2% | $313,386 | +2.2% |
| 8 | Crossville | $1,724 | — | $306,238 | +0.8% |
| 9 | Cleveland | $1,410 | +0.9% | $306,048 | +1.8% |
| 10 | Morristown | $1,560 | +2.4% | $297,011 | +2.7% |
| 11 | Cookeville | $1,513 | +2.3% | $290,625 | +1.7% |
| 12 | Clarksville | $1,343 | +2.2% | $289,380 | +0.2% |
| 13 | Johnson City | $1,488 | +2.7% | $279,665 | +1.4% |
| 14 | Dayton | $1,216 | — | $258,522 | +3.5% |
| 15 | Athens | $1,057 | +0.7% | $256,181 | +3.6% |
| 16 | McMinnville | $853 | — | $254,127 | +2.1% |
| 17 | Greeneville | $1,271 | +1.9% | $247,237 | +2.2% |
| 18 | Lawrenceburg | $1,168 | — | $243,126 | +3.9% |
| 19 | Kingsport | $1,330 | +2.8% | $242,853 | +1.1% |
| 20 | Memphis | $1,393 | +1.1% | $242,102 | +0.1% |
| 21 | Newport | $1,900 | — | $241,557 | +4.0% |
| 22 | Paris | $1,100 | — | $221,771 | +6.7% |
| 23 | Jackson | $1,393 | +2.7% | $201,741 | +0.7% |
| 24 | Martin | $956 | — | $189,638 | +6.5% |
| 25 | Dyersburg | $1,133 | — | $175,679 | +3.5% |
Go deeper: every zip in Tennessee.