Tennessee housing market
Typical home value
$331K
▲ 0.6% 1 yr
5-year change
+23%
U.S. +20%
Median city rent
$1,686/mo
42 cities
Unemployment rate
3.4%
Median household income
$75K
2025
Key takeaways
- 1The typical home in Tennessee is worth $330,844, up 0.6% in a year and up 23% over five years. That's the #29 most expensive of 51.
- 2Across 42 cities with rent data, median typical rent is $1,686/mo, roughly a 6.1% gross yield on the typical home.
- 3Median household income was $75,250 in 2025, so the typical home costs 4.4× income.
- 4Unemployment is 3.4% (−0.1 pts in a year).
Home values
Source: Zillow Research (ZHVI, ZORI and market activity data).
Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.
Tennessee metro areas
Nashville, TN
$449K home$1,803 rent4.8% yield
▼ 0.5% 1 yr
Memphis, TN
$242K home$1,393 rent6.9% yield
▲ 0.1% 1 yr
Knoxville, TN
$363K home$1,725 rent5.7% yield
▲ 1.9% 1 yr
Chattanooga, TN
$319K home$1,509 rent5.7% yield
▼ 0.3% 1 yr
Clarksville, TN
$289K home$1,343 rent5.6% yield
▲ 0.2% 1 yr
Kingsport, TN
$243K home$1,330 rent6.6% yield
▲ 1.1% 1 yr
Johnson City, TN
$280K home$1,488 rent6.4% yield
▲ 1.4% 1 yr
Jackson, TN
$202K home$1,393 rent8.3% yield
▲ 0.7% 1 yr
Morristown, TN
$297K home$1,560 rent6.3% yield
▲ 2.7% 1 yr
Cleveland, TN
$306K home$1,410 rent5.5% yield
▲ 1.8% 1 yr
Cookeville, TN
$291K home$1,513 rent6.2% yield
▲ 1.7% 1 yr
Tullahoma, TN
$313K home$1,473 rent5.6% yield
▲ 2.2% 1 yr
Sevierville, TN
$407K home$1,730 rent5.1% yield
■ 0.0% 1 yr
Greeneville, TN
$247K home$1,271 rent6.2% yield
▲ 2.2% 1 yr
Athens, TN
$256K home$1,057 rent5.0% yield
▲ 3.6% 1 yr
Tennessee cities
42 cities, largest first. Click a column to sort.
42 cities
| Nashville | $426K | ▼ 2.5% | $1,820 | ▲ 0.9% | 5.1% |
| Memphis | $152K | ▼ 2.8% | $1,259 | ▲ 1.7% | 10.0% |
| Knoxville | $369K | ▲ 1.0% | $1,701 | ▲ 0.6% | 5.5% |
| Murfreesboro | $424K | ▼ 0.5% | $1,679 | ▲ 2.1% | 4.7% |
| Clarksville | $318K | ▲ 0.3% | $1,372 | ▲ 2.2% | 5.2% |
| Chattanooga | $315K | ▼ 1.3% | $1,498 | ▲ 2.3% | 5.7% |
| Franklin | $913K | ▲ 3.0% | $2,038 | ▲ 0.8% | 2.7% |
| Johnson City | $293K | ▲ 1.4% | $1,507 | ▲ 2.9% | 6.2% |
| Cleveland | $308K | ▲ 1.1% | $1,406 | ▲ 0.7% | 5.5% |
| Jackson | $220K | ▼ 1.7% | $1,418 | ▲ 2.5% | 7.7% |
| Maryville | $393K | ▲ 2.6% | $1,890 | ▲ 1.0% | 5.8% |
| Kingsport | $253K | ▼ 1.1% | $1,309 | ▲ 2.6% | 6.2% |
| Hendersonville | $515K | ▲ 0.6% | $1,651 | ▲ 1.9% | 3.8% |
| Cookeville | $319K | ▲ 1.3% | $1,480 | ▲ 2.2% | 5.6% |
| Lebanon | $442K | ▲ 1.2% | $1,613 | ▲ 1.9% | 4.4% |
| Columbia | $369K | ▲ 0.9% | $1,584 | ▲ 2.9% | 5.1% |
| Mount Juliet | $557K | ▲ 0.6% | $2,124 | ▲ 2.6% | 4.6% |
| Smyrna | $401K | ▼ 0.8% | $1,712 | ▲ 2.4% | 5.1% |
| Gallatin | $436K | ▲ 0.6% | $1,719 | ▲ 1.1% | 4.7% |
| Bartlett | $318K | ▼ 1.0% | $1,858 | ▼ 1.6% | 7.0% |
| Morristown | $263K | ▲ 2.5% | $1,465 | ▼ 0.9% | 6.7% |
| Collierville | $503K | ▼ 1.4% | $1,891 | ▲ 2.2% | 4.5% |
| Spring Hill | $519K | ▲ 0.4% | $1,966 | ▲ 2.2% | 4.5% |
| Brentwood | $1.39M | ▲ 4.1% | $1,960 | ▼ 0.3% | 1.7% |
| Germantown | $481K | ▼ 1.1% | $2,319 | ▲ 6.2% | 5.8% |
| Bristol | $235K | ▼ 1.0% | $1,424 | ▲ 5.5% | 7.3% |
| La Vergne | $346K | ▼ 1.7% | $1,962 | ▼ 1.2% | 6.8% |
| Cordova | $298K | ▼ 2.0% | $1,692 | ▼ 0.5% | 6.8% |
| Oak Ridge | $325K | ▲ 1.7% | $1,622 | ▲ 4.2% | 6.0% |
| Springfield | $330K | ▲ 0.4% | $1,534 | ▼ 1.4% | 5.6% |
| Lenoir City | $419K | ▲ 2.4% | $1,828 | ▲ 5.4% | 5.2% |
| Ooltewah | $438K | ▼ 1.6% | $2,050 | ▲ 0.9% | 5.6% |
| Goodlettsville | $385K | ▼ 1.4% | $1,674 | ▲ 0.2% | 5.2% |
| Farragut | $689K | ▲ 1.7% | $1,940 | ▲ 0.7% | 3.4% |
| Millington | $235K | ▲ 1.8% | $1,533 | ▲ 0.3% | 7.8% |
| Sevierville | $420K | ■ 0.0% | $1,787 | ▲ 9.0% | 5.1% |
| East Ridge | $253K | ▼ 2.7% | $1,423 | ▲ 4.6% | 6.7% |
| Ashland City | $350K | ▲ 1.0% | $1,626 | ▲ 1.0% | 5.6% |
| Thompsons Station | $728K | ▲ 1.4% | $2,214 | ▼ 0.3% | 3.6% |
| Alcoa | $320K | ▲ 2.5% | $1,695 | ▲ 2.4% | 6.4% |
| Red Bank | $304K | ▼ 2.0% | $1,283 | ▲ 1.5% | 5.1% |
| Oakland | $351K | ▼ 2.2% | $2,080 | ▲ 4.2% | 7.1% |
Data refreshed Oct 26, 2026.