Topics
Dive into each indicator for Tennessee.
$311,000
Median home value
$1,240
Median monthly rent
2023
66.5%
Homeownership rate
3.15 M
Total housing units
10.5%
Vacancy rate
≈ 47,000
Building permits
2023
0.55%
Effective property tax
Among the lowest in the U.S.
28%
Homes built after 2000
Historical data
Long-run evolution of the key indicators, so you can see the trend — not just today's snapshot.
Median home value
1990–2024$311,000▲ 433%
Census / Zillow ZHVI, nominal dollars.
Homeownership rate
1990–202366.5%▼ 2%
Census Housing Vacancy Survey.
Data table
| Median home value | $311,000 | |
| Median monthly rent | $1,240 | 2023 |
| Homeownership rate | 66.5% | |
| Total housing units | 3.15 M | |
| Vacancy rate | 10.5% | |
| Building permits | ≈ 47,000 | 2023 |
| Effective property tax | 0.55% | Among the lowest in the U.S. |
| Homes built after 2000 | 28% |
Compared to the United States
Coming soon
Side-by-side comparison of Tennessee vs. the U.S. average.
National ranking
Coming soon
The national ranking against every other state will appear here as more states are published.