Tennessee · Home Values · 2024
Tennessee home prices 2024 — median, average and county breakdown
According to the US Census Bureau's American Community Survey 5-Year Estimates (2020–2024), the median home value in Tennessee is $286,700. Across the 95 counties measured, home values range from $97,900 in Lake, TN to $751,900 in Williamson, TN.
Tennessee median home value, 2024
Most expensive counties in Tennessee
| County | Median home value |
|---|---|
| Williamson, TN | $751,900 |
| Wilson, TN | $428,000 |
| Davidson, TN | $417,400 |
| Sumner, TN | $393,100 |
| Rutherford, TN | $382,600 |
Most affordable counties in Tennessee
| County | Median home value |
|---|---|
| Lake, TN | $97,900 |
| Hardeman, TN | $121,700 |
| Scott, TN | $124,900 |
| Perry, TN | $126,900 |
| Wayne, TN | $130,700 |
Average vs median home price — what's the difference?
The figure $286,700 is the median home value reported by the US Census Bureau — the middle value when every owner-occupied home in Tennessee is sorted by price. Median is the standard measure used in housing reporting because it is not skewed by a small number of very expensive properties. The "average" home price searched for online almost always refers to this median value; true arithmetic averages tend to be 10–30% higher than the median in markets with high-end outliers, but the Census does not publish that figure.
For Tennessee specifically, the Census also reports a median monthly rent of $1,189 and a price-to-income ratio of 4.1×. Both are sourced from the same 2020–2024 ACS 5-Year Estimates release.
Explore Tennessee on the map
The figures above are static snapshots. The full county-level breakdown — including rent burden, price-to-income ratio, owner cost burden, and population change — is available on the interactive map.
Open Tennessee on the USInsights map →Compare with other states
See the same home-price breakdown for any other US state, or compare Tennessee side-by-side with the national rankings: