Tennessee Home Values & Market Trends

There have been 112,195 properties sold in the Tennessee real estate market trends. Median home values in the Tennessee housing market are $303,826.2. The median residential home value for transactions over the last 12 months is 282,996.928. The State of Tennessee currently has 1,525 properties in foreclosure, 264 bank owned properties, and 1,261 headed for auction.

Tennessee Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Shelby

$ 225,000

$ 129/sqft

Claiborne

$ 269,000

$ 159/sqft

Knox

$ 379,900

$ 205/sqft

Obion

$ 157,498

$ 81/sqft

Davidson

$ 458,051

$ 262/sqft

Rhea

$ 322,119

$ 179/sqft

Hamilton

$ 353,205

$ 187/sqft

Grainger

$ 407,742

$ 213/sqft

Montgomery

$ 298,903

$ 165/sqft

Marion

$ 305,790

$ 171/sqft

Sevier

$ 499,999

$ 288/sqft

Henderson

$ 247,500

$ 138/sqft

Sullivan

$ 260,293

$ 127/sqft

Haywood

$ 215,800

$ 113/sqft

Rutherford

$ 403,535

$ 202/sqft

Lawrence

$ 297,029

$ 163/sqft

Sumner

$ 436,728

$ 212/sqft

Dekalb

$ 359,253

$ 192/sqft

Williamson

$ 873,595

$ 289/sqft

Benton

$ 140,174

$ 105/sqft

Blount

$ 418,219

$ 216/sqft

Union

$ 307,638

$ 177/sqft

Cumberland

$ 339,000

$ 199/sqft

Mcnairy

$ 210,000

$ 119/sqft

Washington

$ 322,500

$ 147/sqft

Marshall

$ 310,448

$ 215/sqft

Putnam

$ 307,418

$ 171/sqft

Lincoln

$ 256,417

$ 152/sqft

Madison

$ 259,470

$ 134/sqft

Johnson

$ 275,000

$ 144/sqft

Bradley

$ 299,900

$ 173/sqft

Decatur

$ 233,700

$ 138/sqft

Greene

$ 267,000

$ 133/sqft

Polk

$ 438,676

$ 207/sqft

Loudon

$ 532,672

$ 229/sqft

Lauderdale

$ 175,000

$ 110/sqft

Wilson

$ 512,116

$ 219/sqft

Unicoi

$ 263,946

$ 125/sqft

Jefferson

$ 383,288

$ 192/sqft

Chester

$ 318,039

$ 161/sqft

Anderson

$ 336,224

$ 184/sqft

Giles

$ 285,264

$ 173/sqft

Hawkins

$ 255,336

$ 134/sqft

Scott

$ 227,500

$ 156/sqft

Roane

$ 279,659

$ 159/sqft

Macon

$ 242,388

$ 167/sqft

Mcminn

$ 249,900

$ 150/sqft

Jackson

$ 166,205

$ 124/sqft

Hamblen

$ 289,999

$ 161/sqft

Humphreys

$ 234,090

$ 140/sqft

Monroe

$ 322,494

$ 179/sqft

Smith

$ 293,400

$ 190/sqft

Maury

$ 397,335

$ 215/sqft

Van Buren

$ 220,666

$ 148/sqft

Gibson

$ 197,000

$ 118/sqft

Crockett

$ 208,248

$ 143/sqft

White

$ 277,393

$ 150/sqft

Pickett

$ 246,803

$ 159/sqft

Robertson

$ 365,798

$ 197/sqft

Sequatchie

$ 348,268

$ 168/sqft

Tipton

$ 296,089

$ 149/sqft

Hardeman

$ 155,000

$ 105/sqft

Henry

$ 214,336

$ 118/sqft

Morgan

$ 259,900

$ 179/sqft

Carter

$ 243,500

$ 123/sqft

Stewart

$ 390,676

$ 174/sqft

Cocke

$ 260,000

$ 174/sqft

Hickman

$ 307,703

$ 202/sqft

Campbell

$ 239,900

$ 154/sqft

Meigs

$ 482,319

$ 226/sqft

Fayette

$ 458,788

$ 178/sqft

Clay

$ 259,330

$ 154/sqft

Fentress

$ 268,139

$ 189/sqft

Trousdale

$ 392,969

$ 228/sqft

Bedford

$ 325,889

$ 196/sqft

Houston

$ 279,716

$ 126/sqft

Dyer

$ 154,900

$ 107/sqft

Bledsoe

$ 369,963

$ 168/sqft

Hardin

$ 245,000

$ 156/sqft

Lewis

$ 284,658

$ 160/sqft

Dickson

$ 331,562

$ 188/sqft

Grundy

$ 241,383

$ 144/sqft

Carroll

$ 159,160

$ 101/sqft

Wayne

$ 254,564

$ 148/sqft

Overton

$ 246,501

$ 146/sqft

Cannon

$ 291,210

$ 172/sqft

Coffee

$ 348,500

$ 185/sqft

Moore

$ 298,225

$ 172/sqft

Warren

$ 276,834

$ 193/sqft

Lake

$ 164,443

$ 106/sqft

Franklin

$ 290,989

$ 176/sqft

Perry

$ 146,769

$ 78/sqft

Weakley

$ 169,466

$ 94/sqft

Hancock

$ 321,042

$ 165/sqft

Cheatham

$ 385,552

$ 216/sqft

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Housing Market Summary for Tennessee

Feb 2023January 2024Change
Median Listing Price$309.5K$297K-4.02%
Median Sold Price$289.7K$297K2.52%
Homes For Sale11,55212,0414.23%
Homes Sold64,13165,2191.70%
Price
$/Sqft
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 12,409 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 2,408,761, and the percentage of properties for sale is 12409.00%.

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 285 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 46 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Shelby has 239 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 1458 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 $10,344 in Bradley.
    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 7867 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 2.53% of properties in Tennessee.

      Compare Nearby Cities

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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 nice veranda
      Auction
      5 Tips For Increasing Your Chances At Winning A Real Estate Auction
      Market Reports
      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      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 nice veranda
      5 Tips For Increasing Your Chances At Winning A Real Estate Auction
      Auction|posted 27 February 2024

      Buying your dream real estate at auction is tricky. Here are some quick tips to give you an edge.

      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.