Real Estate in Tennessee
Median home prices and rental costs in Tennessee. Source: US Census Bureau ACS 2022
ACS 5-year estimates · Data as of 2022 · Updated annually
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$237,400
Median Home Value
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$1,042
Median Monthly Rent
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66.7%
Homeownership Rate
Housing Market in Tennessee
The median home value in Tennessee is $237,400, with a homeownership rate of 66.7%. The median monthly rent is $1,042.
These figures are based on the US Census Bureau American Community Survey 5-year estimates for 2022 and reflect owner-occupied and renter-occupied housing units.
Major Cities in Tennessee
- Nashville
- Memphis
- Knoxville
- Chattanooga
Data Source
Data from the US Census Bureau ACS and HUD, public domain datasets updated annually.