Tennessee Real Estate Market Trends & Home Values

Tennessee Market Overview

There have been 142,873 properties sold in the Tennessee real estate market trends. Median home values in the Tennessee housing market are $318,900. The median residential home value for transactions over the last 12 months is $289,204. The State of Tennessee currently has 1,777 properties in foreclosure, 379 bank owned properties, and 1,398 headed for auction.

Active Residential Inventory

Total Inventory

Recently Sold Properties

Tennessee Home Values

$318,900

There are currently 11,612 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 2,401,116, and the percentage of properties for sale is 86.7%.

Tennessee Real Estate Market Overview

Tennessee Foreclosures Market Overview

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Search By County

County	Median Est. Value
Davidson County	$418,056 $245.00/sqft
Rutherford County	$381,193 $237.50/sqft
Sumner County	$336,081 $220.50/sqft
Knox County	$326,951 $221.00/sqft
Blount County	$292,281 $193.00/sqft
Hamilton County	$284,922 $174.50/sqft
Montgomery County	$278,217 $175.00/sqft
Shelby County	$231,024 $121.33/sqft
Sullivan County	$194,808 $152.00/sqft
Washington County	$183,048 $141.00/sqft

There are 95 counties within Tennessee; within these counties, the median estimated home value for homes in foreclosure ranges from $2,121,917 in Williamson County to the lowest value of $21,950 in Mcnairy County. Foreclosure homes account for 0.07% of properties in Tennessee with Shelby County containing 278 foreclosures, the highest number of foreclosure properties in a single county.