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Cities with the most expensive homes in Tennessee
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $360,999 in September, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in Tennessee using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of September 2024. The charts in this story were created automatically using Matplotlib.
Metros with the most cities in the top 30 in Tennessee#1. Nashville-Davidson--Murfreesboro--Franklin, TN: 16#2. Memphis, TN-MS-AR: 5#3. Chattanooga, TN-GA: 3#3. Knoxville, TN: 3#5. Sevierville, TN: 2#6. Tullahoma-Manchester, TN: 1
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#30. Sewanee
- Typical home value: $455,866- 1-year price change: +0.4%- 5-year price change: +53.3%- Metro area: Tullahoma-Manchester, TN
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#29. Kingston Springs
- Typical home value: $456,018- 1-year price change: +1.6%- 5-year price change: +53.9%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#28. Pigeon Forge
- Typical home value: $458,624- 1-year price change: -3.1%- 5-year price change: +83.7%- Metro area: Sevierville, TN
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#27. Norris
- Typical home value: $459,759- 1-year price change: +6.0%- 5-year price change: +75.0%- Metro area: Knoxville, TN
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#26. Coopertown
- Typical home value: $469,216- 1-year price change: +4.1%- 5-year price change: +53.4%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#25. Rockvale
- Typical home value: $470,066- 1-year price change: +3.3%- 5-year price change: +55.9%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#24. Gatlinburg
- Typical home value: $475,850- 1-year price change: -6.5%- 5-year price change: +87.5%- Metro area: Sevierville, TN
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#23. Loudon
- Typical home value: $477,643- 1-year price change: +3.0%- 5-year price change: +66.2%- Metro area: Knoxville, TN
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#22. Germantown
- Typical home value: $484,943- 1-year price change: +0.9%- 5-year price change: +40.6%- Metro area: Memphis, TN-MS-AR
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#21. Fairview
- Typical home value: $490,789- 1-year price change: +5.1%- 5-year price change: +62.4%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#20. Lascassas
- Typical home value: $493,464- 1-year price change: +3.0%- 5-year price change: +55.5%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#19. Hendersonville
- Typical home value: $500,071- 1-year price change: +0.6%- 5-year price change: +49.7%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#18. Eagleville
- Typical home value: $500,485- 1-year price change: +4.8%- 5-year price change: +56.3%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#17. Spring Hill
- Typical home value: $504,554- 1-year price change: +1.7%- 5-year price change: +58.3%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#16. Collierville
- Typical home value: $506,494- 1-year price change: +1.2%- 5-year price change: +43.8%- Metro area: Memphis, TN-MS-AR
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#15. Hickory Withe
- Typical home value: $535,097- 1-year price change: +2.5%- 5-year price change: +41.8%- Metro area: Memphis, TN-MS-AR
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#14. Primm Springs
- Typical home value: $543,486- 1-year price change: +9.6%- 5-year price change: +77.3%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#13. Mount Juliet
- Typical home value: $545,504- 1-year price change: +1.8%- 5-year price change: +55.3%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#12. Rossville
- Typical home value: $546,056- 1-year price change: +1.2%- 5-year price change: +47.8%- Metro area: Memphis, TN-MS-AR
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#11. Signal Mountain
- Typical home value: $585,264- 1-year price change: +7.4%- 5-year price change: +62.7%- Metro area: Chattanooga, TN-GA
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#10. Farragut
- Typical home value: $655,183- 1-year price change: +3.7%- 5-year price change: +78.7%- Metro area: Knoxville, TN
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#9. Walden
- Typical home value: $669,848- 1-year price change: +5.7%- 5-year price change: +62.2%- Metro area: Chattanooga, TN-GA
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#8. Piperton
- Typical home value: $686,179- 1-year price change: +1.0%- 5-year price change: +42.8%- Metro area: Memphis, TN-MS-AR
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#7. Thompsons Station
- Typical home value: $688,988- 1-year price change: +3.4%- 5-year price change: +65.4%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#6. Nolensville
- Typical home value: $796,958- 1-year price change: +2.6%- 5-year price change: +61.3%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#5. Franklin
- Typical home value: $875,030- 1-year price change: +3.3%- 5-year price change: +68.7%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#4. Lookout Mountain
- Typical home value: $982,256- 1-year price change: +9.3%- 5-year price change: +73.0%- Metro area: Chattanooga, TN-GA
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#3. Arrington
- Typical home value: $1,128,427- 1-year price change: +1.8%- 5-year price change: +79.9%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#2. College Grove
- Typical home value: $1,184,696- 1-year price change: +4.7%- 5-year price change: +69.2%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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#1. Brentwood
- Typical home value: $1,262,903- 1-year price change: +4.0%- 5-year price change: +71.6%- Metro area: Nashville-Davidson--Murfreesboro--Franklin, TN
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