Is now a good time to buy a home in Tennessee?
The typical home value in Tennessee is $334K as of Aug 2026 (Zillow Home Value Index), up 0.7% from a year earlier. Over five years prices have compounded at +4.2% a year. Prices are 14.4% below their 10-year trend line.
Tennessee price trend & forecast
Cities in Tennessee ranked by buy-timing score
| City | Typical value | 1Y change | 5Y CAGR | 12M outlook | Signal | Buy-timing |
|---|---|---|---|---|---|---|
| Sevierville | $422K | +0.3% | +2.4% | -0.0% | ACCUMULATE | 77/100 |
| Brentwood | $1.42M | +4.7% | +5.8% | +2.6% | ACCUMULATE | 72/100 |
| Franklin | $934K | +3.5% | +5.5% | +1.8% | ACCUMULATE | 70/100 |
| Spring Hill | $523K | +0.6% | +3.6% | +0.4% | ACCUMULATE | 69/100 |
| Loudon | $501K | -0.2% | +4.6% | +0.7% | ACCUMULATE | 68/100 |
| Nolensville | $849K | +3.9% | +5.1% | +1.6% | ACCUMULATE | 68/100 |
| Clarksville | $320K | +0.4% | +4.0% | -0.1% | ACCUMULATE | 66/100 |
| McMinnville | $259K | +2.0% | +4.9% | +0.4% | ACCUMULATE | 66/100 |
| Maryville | $396K | +2.9% | +6.6% | +1.0% | ACCUMULATE | 65/100 |
| Mount Juliet | $565K | +0.9% | +4.5% | +0.9% | ACCUMULATE | 65/100 |
| Powell | $364K | +2.6% | +7.6% | +0.6% | ACCUMULATE | 65/100 |
| Hendersonville | $520K | +0.7% | +3.4% | +0.1% | ACCUMULATE | 64/100 |
| Lebanon | $448K | +1.5% | +4.2% | +0.4% | ACCUMULATE | 64/100 |
| Portland | $334K | +0.6% | +4.0% | -0.4% | ACCUMULATE | 64/100 |
| Farragut | $694K | +1.9% | +7.4% | +1.7% | ACCUMULATE | 64/100 |
| Knoxville | $371K | +1.0% | +7.2% | -0.3% | ACCUMULATE | 63/100 |
| Jonesborough | $342K | +3.3% | +5.8% | +1.8% | ACCUMULATE | 63/100 |
| Gallatin | $436K | +0.7% | +3.1% | -0.6% | ACCUMULATE | 62/100 |
| Seymour | $374K | +2.1% | +4.7% | -0.2% | ACCUMULATE | 62/100 |
| Murfreesboro | $427K | -0.4% | +3.4% | -0.7% | ACCUMULATE | 61/100 |
| Nashville | $431K | -2.3% | +2.9% | -0.9% | WAIT | 60/100 |
| Memphis | $146K | -2.5% | +1.2% | -1.0% | WAIT | 60/100 |
| Columbia | $372K | +0.9% | +4.1% | -1.2% | WAIT | 60/100 |
| Smyrna | $402K | -0.7% | +3.1% | -0.8% | WAIT | 60/100 |
| Bartlett | $321K | -1.0% | +2.6% | -1.2% | WAIT | 60/100 |
| Crossville | $308K | +0.8% | +5.0% | -0.8% | WAIT | 60/100 |
| Germantown | $487K | -1.0% | +2.5% | -0.1% | ACCUMULATE | 60/100 |
| La Vergne | $345K | -1.5% | +2.3% | -1.5% | WAIT | 60/100 |
| Springfield | $331K | +0.5% | +3.7% | -0.6% | WAIT | 60/100 |
| Goodlettsville | $389K | -1.3% | +3.3% | -0.9% | WAIT | 60/100 |
| Collierville | $506K | -1.3% | +2.7% | -0.8% | ACCUMULATE | 59/100 |
| Bristol | $238K | -0.9% | +5.7% | +0.2% | ACCUMULATE | 59/100 |
| Shelbyville | $313K | +1.5% | +5.0% | -1.1% | WAIT | 59/100 |
| Dickson | $345K | +1.9% | +4.1% | -1.1% | WAIT | 59/100 |
| Elizabethton | $233K | -0.5% | +5.9% | -0.2% | WAIT | 58/100 |
| Athens | $263K | +2.3% | +5.3% | -0.1% | WAIT | 58/100 |
| Lewisburg | $296K | +2.9% | +3.8% | -1.5% | WAIT | 58/100 |
| Millington | $240K | +1.9% | +4.5% | -0.7% | WAIT | 58/100 |
| Chattanooga | $319K | -1.2% | +3.6% | -1.1% | WAIT | 57/100 |
| Cookeville | $321K | +1.2% | +4.2% | -0.9% | WAIT | 57/100 |
| Tullahoma | $295K | +1.9% | +5.8% | -0.9% | WAIT | 57/100 |
| Kingsport | $257K | -1.0% | +5.5% | -0.4% | WAIT | 56/100 |
| Rogersville | $237K | +5.7% | +7.2% | +0.3% | ACCUMULATE | 56/100 |
| Harriman | $245K | +4.7% | +5.4% | -0.4% | WAIT | 55/100 |
| Dyersburg | $169K | +2.7% | +2.0% | +0.6% | WAIT | 54/100 |
| Fayetteville | $256K | +2.8% | +4.9% | -0.7% | WAIT | 54/100 |
| Soddy-Daisy | $359K | -0.1% | +4.2% | -1.1% | WAIT | 53/100 |
| Lawrenceburg | $242K | +2.8% | +5.2% | -0.8% | WAIT | 53/100 |
| Dayton | $267K | +2.6% | +4.6% | -1.2% | WAIT | 53/100 |
| Cleveland | $313K | +1.4% | +4.9% | -1.8% | WAIT | 52/100 |
| Jackson | $223K | -1.7% | +3.0% | -2.4% | WAIT | 52/100 |
| Clinton | $334K | +3.2% | +6.6% | -1.4% | WAIT | 51/100 |
| Newport | $234K | +2.7% | +4.7% | -0.5% | WAIT | 51/100 |
| Greeneville | $248K | +1.7% | +5.5% | -1.2% | WAIT | 50/100 |
| Oak Ridge | $327K | +1.5% | +7.1% | -2.1% | WAIT | 50/100 |
| Ooltewah | $439K | -1.7% | +4.0% | -2.6% | WAIT | 49/100 |
| Sparta | $284K | +5.5% | +5.1% | -1.2% | WAIT | 49/100 |
| Paris | $217K | +5.7% | +6.3% | +0.1% | WAIT | 49/100 |
| Morristown | $266K | +2.2% | +5.9% | -1.8% | WAIT | 46/100 |
| Manchester | $321K | +1.2% | +5.1% | -3.4% | WAIT | 45/100 |
| East Ridge | $255K | -2.9% | +4.5% | -4.0% | WAIT | 43/100 |
Frequently asked questions
Is now a good time to buy a home in Tennessee?
As of Aug 2026, our buy-timing signal for Tennessee is WAIT — the model projects prices about -3.8% lower around Feb 2028. Patience is likely to be rewarded; use the time to negotiate and arrange financing. Buy-timing score: 58/100.
Will home prices in Tennessee go down in 2027?
The model projects -0.9% over the next 12 months: about $331K by Aug 2027, with an 80% range of $325K–$338K (today $334K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in Tennessee?
The typical (mid-tier) home value in Tennessee is $334K as of Aug 2026, +0.7% year over year.
What is the cheapest time of year to buy in Tennessee?
Historically, prices in Tennessee run lowest in February, about 1.5% below the annual average, and highest in July.
Which areas in Tennessee have the best buy-timing right now?
Highest buy-timing scores: Sevierville (77/100, ACCUMULATE), Brentwood (72/100, ACCUMULATE) and Franklin (70/100, ACCUMULATE). Fastest-rising prices: Rogersville (+5.7%), Paris (+5.7%) and Sparta (+5.5%).
Other states
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.