Athens housing market

Buyer's marketAthens, TN metro areaData through Sep 2026
Typical home value
$256K
▲ 3.6% 1 yr
Typical rent
$1,057/mo
▲ 0.7% 1 yr
12-month forecast
+3.1%
#131 of 546 metros
Gross rent yield
5.0%
#413 of 546 · U.S. 6.3%
Days to pending
79 days
▲ +22 days 1 yr
Listings with a price cut
30%
▲ +0.6 pts 1 yr

Key takeaways

  • 1The typical home is worth $256,181, up 3.6% in a year and up 29% over five years.
  • 2Zillow forecasts home values rising 3.1% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,057/mo (+0.7% YoY), a 5.0% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,408/mo in principal and interest, $351 more than renting.
  • 5Homes go under contract in 79 days (+22 days vs last year); 30% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 42/100, #258 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $256K
$136K$173K$211K$248K2016201920222025
Typical monthly rent
Latest $1,057
$910$958$1,006$1,0542023202420252026

How fast homes are selling

Days to go under contract
Latest 79
214160802020202220242026
Share of listings with a price cut
Latest 29.6%
9.1%17.0%24.9%32.8%20182020202220242026
Homes for sale vs new listings
Latest 306
For saleNew listings
6617628539520182020202220242026
Share of homes sold above list price
Latest 23.4%
9.4%18.7%28.0%37.4%202120232025

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Athens compares

MeasureAthensUnited StatesRank of 546
Home value, 1-yr change+3.6%+1.2%#145
Home value, 5-yr change+28.5%+19.7%
12-month forecast+3.1%+1.1%#131
Rent, 1-yr change+0.7%+2.7%#496
Gross rent yield5.0%6.3%#413
Price-to-rent ratio20.215.8
Mortgage P&I on typical home$1,408$2,012
Days to pending7956

Run the numbers

Other Tennessee metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.