Tennessee Housing Market
Buyer-Friendly (Score: 65/100)Median Sale Price
$393,400
+1.7% YoY
Active Inventory
34,150
Days on Market
86 days
Price Drops
24.6%
Demographics & Economics
Source: U.S. Census ACSPopulation
6,986,082
Median Household Income
$67,097
Census Median Home Value
$256,800
Homeownership Rate
67.0%
Vacancy Rate
10.6%
Price-to-Income Ratio
5.9x
Affordability: The median home in Tennessee costs 5.9x the median household income.
This is above the historically affordable threshold of 3-4x income, suggesting stretched affordability.
Cost of Living & Safety
Sources: HUD, BEA, FBI UCRCost of Living Index
91.87
8.1% below national avg
Cost context: Tennessee has a Regional Price Parity of 91.87 (national average = 100).
Living costs are meaningfully below the national average, making take-home pay stretch further here.
Environment & Risk
Sources: EPA, FEMA NRI, FEMA NFIPOverall Risk Rating
Relatively Moderate
EAL Score
73.2
expected annual loss index
Expected Annual Loss
$3,004,306,362
from natural hazards
earthquake
hurricane
tornado
flooding
wildfire
heat Wave
cold Wave
drought
hail
winter Weather
strong Wind
lightning
Water Violations
501
total SDWIS violations
Flood Insurance Policies
485,225
active NFIP policies
Flood Claims Filed
17,648
historical NFIP claims
Water quality note: EPA SDWIS tracks regulatory violations for public water systems. For the most current and detailed tap water quality in your area with stricter health-based guidelines, visit the EWG Tap Water Database.
Price Trend
Inventory Trend
65
Buyer-Friendly
0 50 100
Tennessee Market Score: 65/100
This score reflects how buyer- or seller-friendly the Tennessee market is right now, based on days on market, price cuts, sale-to-list ratio, inventory levels, and year-over-year price movement.
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