Tennessee Home Values & Market Trends
There have been 116,780 properties sold in the Tennessee real estate market trends. Median home values in the Tennessee housing market are $311,418.05. The median residential home value for transactions over the last 12 months is 293,224.571. The State of Tennessee currently has 1,534 properties in foreclosure, 238 bank owned properties, and 1,296 headed for auction.
Tennessee Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Shelby | $ 244,198 $ 135/sqft | Carroll | $ 197,963 $ 110/sqft |
| Knox | $ 409,530 $ 213/sqft | Grainger | $ 399,124 $ 201/sqft |
| Davidson | $ 468,818 $ 267/sqft | Cheatham | $ 385,209 $ 216/sqft |
| Hamilton | $ 379,279 $ 193/sqft | Obion | $ 166,050 $ 93/sqft |
| Montgomery | $ 315,599 $ 174/sqft | Union | $ 299,900 $ 184/sqft |
| Sevier | $ 515,000 $ 282/sqft | Marion | $ 299,900 $ 178/sqft |
| Sullivan | $ 271,519 $ 133/sqft | Henderson | $ 262,278 $ 145/sqft |
| Cumberland | $ 347,157 $ 199/sqft | Benton | $ 190,454 $ 132/sqft |
| Rutherford | $ 429,823 $ 218/sqft | Unicoi | $ 263,322 $ 137/sqft |
| Blount | $ 419,900 $ 213/sqft | Haywood | $ 150,781 $ 119/sqft |
| Washington | $ 328,669 $ 147/sqft | Lawrence | $ 305,447 $ 164/sqft |
| Sumner | $ 454,044 $ 216/sqft | Lauderdale | $ 100,999 $ 79/sqft |
| Williamson | $ 850,716 $ 284/sqft | Dekalb | $ 373,063 $ 206/sqft |
| Putnam | $ 308,588 $ 166/sqft | Lincoln | $ 297,910 $ 156/sqft |
| Madison | $ 265,000 $ 134/sqft | Marshall | $ 360,752 $ 209/sqft |
| Loudon | $ 569,000 $ 231/sqft | Mcnairy | $ 230,018 $ 123/sqft |
| Greene | $ 269,900 $ 134/sqft | Johnson | $ 294,450 $ 142/sqft |
| Bradley | $ 329,900 $ 174/sqft | Polk | $ 399,900 $ 183/sqft |
| Jefferson | $ 330,080 $ 202/sqft | Giles | $ 264,719 $ 174/sqft |
| Wilson | $ 499,217 $ 222/sqft | Jackson | $ 192,030 $ 134/sqft |
| Hawkins | $ 252,131 $ 120/sqft | Chester | $ 304,215 $ 144/sqft |
| Roane | $ 291,712 $ 167/sqft | Decatur | $ 252,069 $ 131/sqft |
| Anderson | $ 304,886 $ 180/sqft | Stewart | $ 299,900 $ 180/sqft |
| Hamblen | $ 289,900 $ 161/sqft | Crockett | $ 207,848 $ 131/sqft |
| Fayette | $ 473,093 $ 183/sqft | Macon | $ 230,662 $ 155/sqft |
| Mcminn | $ 246,697 $ 145/sqft | Humphreys | $ 230,046 $ 140/sqft |
| Carter | $ 245,400 $ 135/sqft | Pickett | $ 237,477 $ 139/sqft |
| Monroe | $ 339,700 $ 194/sqft | Hardeman | $ 194,317 $ 117/sqft |
| Gibson | $ 206,154 $ 124/sqft | Smith | $ 285,798 $ 187/sqft |
| Maury | $ 389,560 $ 212/sqft | Meigs | $ 539,000 $ 269/sqft |
| White | $ 231,175 $ 134/sqft | Sequatchie | $ 300,000 $ 179/sqft |
| Henry | $ 215,892 $ 120/sqft | Morgan | $ 270,879 $ 176/sqft |
| Tipton | $ 313,779 $ 153/sqft | Van Buren | $ 367,616 $ 158/sqft |
| Robertson | $ 369,983 $ 194/sqft | Hickman | $ 326,892 $ 198/sqft |
| Cocke | $ 284,341 $ 173/sqft | Scott | $ 230,000 $ 147/sqft |
| Hardin | $ 261,583 $ 169/sqft | Hancock | $ 196,871 $ 144/sqft |
| Fentress | $ 269,700 $ 176/sqft | Bledsoe | $ 343,533 $ 199/sqft |
| Dyer | $ 182,199 $ 104/sqft | Trousdale | $ 409,001 $ 259/sqft |
| Campbell | $ 293,667 $ 170/sqft | Clay | $ 252,030 $ 152/sqft |
| Claiborne | $ 322,900 $ 166/sqft | Lewis | $ 270,480 $ 163/sqft |
| Overton | $ 252,590 $ 153/sqft | Houston | $ 251,793 $ 134/sqft |
| Bedford | $ 315,894 $ 186/sqft | Cannon | $ 258,812 $ 169/sqft |
| Warren | $ 289,900 $ 200/sqft | Grundy | $ 159,964 $ 108/sqft |
| Rhea | $ 294,000 $ 159/sqft | Lake | $ 159,366 $ 105/sqft |
| Weakley | $ 164,273 $ 95/sqft | Wayne | $ 171,071 $ 130/sqft |
| Dickson | $ 318,344 $ 189/sqft | Moore | $ 263,475 $ 187/sqft |
| Coffee | $ 302,306 $ 178/sqft | Perry | $ 132,633 $ 93/sqft |
| Franklin | $ 296,362 $ 179/sqft |
Housing Market Summary for Tennessee
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $320K | $295.1K | -7.78% |
| Median Sold Price | $292.3K | $295.1K | 0.95% |
| Homes For Sale | 12,035 | 12,098 | 0.52% |
| Homes Sold | 58,968 | 57,620 | -2.29% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Tennessee
Browse Homes in Tennessee
There are currently 13,466 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 2,437,354, and the percentage of properties for sale is 13466.00%.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in Tennessee ranges from the highest value of $838,000 in Putnam to the lowest value of $11,930 in Carroll. Bank owned homes and properties account for 0.01% of properties in Tennessee. There are 95 counties within Tennessee; Shelby containing 42 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsShelby has 248 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 $1,059,312 in Williamson to the lowest value of $30,256 in Williamson.
Compare Nearby Cities
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Guide for Tennessee
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws
