Tennessee Home Values & Market Trends

There have been 108,857 properties sold in the Tennessee real estate market trends. Median home values in the Tennessee housing market are $303,867.08. The median residential home value for transactions over the last 12 months is 283,781.408. The State of Tennessee currently has 1,501 properties in foreclosure, 262 bank owned properties, and 1,239 headed for auction.

Tennessee Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Shelby

$ 224,196

$ 128/sqft

Obion

$ 160,000

$ 80/sqft

Knox

$ 374,900

$ 204/sqft

Cheatham

$ 386,823

$ 218/sqft

Davidson

$ 459,795

$ 262/sqft

Grainger

$ 398,846

$ 218/sqft

Hamilton

$ 350,000

$ 185/sqft

Rhea

$ 339,900

$ 184/sqft

Sevier

$ 499,000

$ 287/sqft

Marion

$ 300,684

$ 168/sqft

Montgomery

$ 296,730

$ 165/sqft

Haywood

$ 208,637

$ 114/sqft

Sullivan

$ 263,561

$ 125/sqft

Henderson

$ 250,000

$ 133/sqft

Rutherford

$ 407,172

$ 202/sqft

Lawrence

$ 297,029

$ 163/sqft

Sumner

$ 437,716

$ 212/sqft

Union

$ 307,638

$ 177/sqft

Blount

$ 409,295

$ 216/sqft

Benton

$ 158,159

$ 112/sqft

Williamson

$ 867,357

$ 289/sqft

Dekalb

$ 387,398

$ 190/sqft

Cumberland

$ 337,301

$ 198/sqft

Mcnairy

$ 230,495

$ 119/sqft

Washington

$ 327,979

$ 147/sqft

Lincoln

$ 256,417

$ 152/sqft

Putnam

$ 299,554

$ 169/sqft

Marshall

$ 310,448

$ 215/sqft

Madison

$ 252,064

$ 133/sqft

Johnson

$ 275,000

$ 144/sqft

Bradley

$ 300,000

$ 170/sqft

Lauderdale

$ 179,000

$ 110/sqft

Greene

$ 264,900

$ 133/sqft

Polk

$ 434,088

$ 204/sqft

Loudon

$ 533,904

$ 230/sqft

Unicoi

$ 252,126

$ 126/sqft

Wilson

$ 512,116

$ 219/sqft

Chester

$ 308,089

$ 155/sqft

Jefferson

$ 373,788

$ 192/sqft

Decatur

$ 239,275

$ 137/sqft

Anderson

$ 325,000

$ 181/sqft

Jackson

$ 175,953

$ 125/sqft

Hawkins

$ 255,000

$ 133/sqft

Giles

$ 285,264

$ 179/sqft

Roane

$ 283,658

$ 159/sqft

Scott

$ 227,500

$ 156/sqft

Monroe

$ 318,319

$ 177/sqft

Macon

$ 242,388

$ 167/sqft

Hamblen

$ 289,900

$ 161/sqft

Smith

$ 299,900

$ 192/sqft

Mcminn

$ 248,430

$ 149/sqft

Humphreys

$ 234,090

$ 140/sqft

Maury

$ 401,770

$ 215/sqft

Crockett

$ 215,000

$ 141/sqft

Gibson

$ 197,000

$ 116/sqft

Hardeman

$ 175,000

$ 105/sqft

Tipton

$ 297,625

$ 149/sqft

Van Buren

$ 319,538

$ 161/sqft

White

$ 271,510

$ 149/sqft

Pickett

$ 255,629

$ 160/sqft

Carter

$ 241,016

$ 123/sqft

Stewart

$ 353,931

$ 162/sqft

Cocke

$ 237,000

$ 167/sqft

Sequatchie

$ 368,018

$ 161/sqft

Robertson

$ 363,263

$ 199/sqft

Morgan

$ 246,848

$ 170/sqft

Henry

$ 218,429

$ 118/sqft

Meigs

$ 505,659

$ 238/sqft

Campbell

$ 238,205

$ 154/sqft

Hickman

$ 307,703

$ 202/sqft

Fayette

$ 459,317

$ 181/sqft

Trousdale

$ 380,603

$ 216/sqft

Fentress

$ 261,653

$ 187/sqft

Clay

$ 259,330

$ 154/sqft

Bedford

$ 319,644

$ 190/sqft

Bledsoe

$ 369,963

$ 168/sqft

Dyer

$ 152,400

$ 105/sqft

Houston

$ 279,716

$ 126/sqft

Hardin

$ 235,108

$ 156/sqft

Lewis

$ 284,658

$ 160/sqft

Dickson

$ 333,162

$ 188/sqft

Cannon

$ 291,210

$ 172/sqft

Overton

$ 244,461

$ 141/sqft

Grundy

$ 241,383

$ 144/sqft

Carroll

$ 170,330

$ 102/sqft

Hancock

$ 269,000

$ 154/sqft

Coffee

$ 347,993

$ 184/sqft

Lake

$ 154,971

$ 88/sqft

Warren

$ 271,526

$ 192/sqft

Moore

$ 266,450

$ 198/sqft

Franklin

$ 290,989

$ 176/sqft

Wayne

$ 192,500

$ 128/sqft

Claiborne

$ 266,950

$ 154/sqft

Perry

$ 134,191

$ 66/sqft

Weakley

$ 169,466

$ 89/sqft

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Housing Market Summary for Tennessee

Mar 2023February 2024Change
Median Listing Price$313.6K$296.8K-5.35%
Median Sold Price$289.1K$296.8K2.68%
Homes For Sale11,73712,4095.73%
Homes Sold62,25260,943-2.10%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Tennessee

There are currently 12,466 properties for sale in Tennessee. The current home value ranges in price from 1 to 16,500,000. The total count of properties in the state is 2,408,814, and the percentage of properties for sale is 12466.00%.

Foreclosure
There are 95 counties within Tennessee; within these counties, the median estimated home value for homes in foreclosure ranges from $722,428 in Gibson to the lowest value of $26,105 in Gibson. Foreclosure homes account for 0.00% of properties in Tennessee with Shelby containing 287 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Tennessee with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 95 counties within Tennessee; of those counties, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Tennessee ranges from the highest value of $825,000 in Williamson to the lowest value of $26,105 in Gibson. Bank owned homes and properties account for 0.01% of properties in Tennessee. There are 95 counties within Tennessee; Shelby containing 44 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Shelby has 243 auction properties, the highest number of properties going to auction in a single county in the state of Tennessee. Auction homes and other auction properties account for 0.05% of all properties in Tennessee. There are 95 counties within Tennessee; of those counties, the median estimated home value for homes going to auction ranges from $937,280 in Williamson to the lowest value of $26,956 in Williamson.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.52% of residential properties in Tennessee with Shelby containing 1470 homes for sale, the highest number of listed properties in a single county. There are 95 counties within Tennessee; homes for sale in those counties, have a range of median values from $1,749,000 in Cheatham to the lowest value of $12,200 in Obion.
    Sold Homes
    The median value for recently sold homes ranges from $3,990,475 in Moore to the lowest price of $9,773 in Moore. There are 95 counties within Tennessee. Shelby has 7429 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 2.46% of properties in Tennessee.

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      Guide for Tennessee

      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      See More Articles
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.