Tennessee Housing Market Report
As of 2026-02-28, the average home price across Tennessee's tracked cities is $370,053, down 0.3% year over year. The fastest-moving market is Franklin (+1.7% YoY). 13 cities tracked.
City Comparison
| City | Median Home Price | YoY Change | ZIP Codes |
|---|---|---|---|
| Franklin | $944,814 | +1.7% | 3 |
| Nashville | $537,997 | -1% | 25 |
| Murfreesboro | $416,145 | +0.2% | 4 |
| Knoxville | $390,300 | +1.3% | 17 |
| Maryville | $379,812 | +0.5% | 3 |
| Clarksville | $328,382 | -0.5% | 3 |
| Cleveland | $308,293 | +0.6% | 4 |
| Crossville | $305,431 | -0.5% | 4 |
| Chattanooga | $293,708 | -1.3% | 13 |
| Johnson City | $289,608 | -0.4% | 3 |
| Kingsport | $240,881 | +0.4% | 4 |
| Jackson | $206,401 | -1.9% | 3 |
| Memphis | $168,915 | -3.1% | 23 |
City Reports
Johnson City Home Prices: $290K, Down 0.6% — 3 ZIPs Analyzed (2026)
Is Johnson City still affordable? $290K median, down 0.6%. See which ZIPs are cheapest, rent vs buy math, and the 2026 outlook.
Kingsport Home Prices: $241K, Up 0.4% — 4 ZIPs Analyzed (2026)
Is Kingsport still affordable? $241K median, up 0.4% year over year. Full breakdown of 4 ZIP codes, rent comparisons, and the 2026 outlook.
Memphis Home Prices: $169K, Down 3% — 23 ZIPs Analyzed (2026)
Memphis home prices fell 3% to $169K in 2026. Which ZIPs are cheapest, and does renting beat buying? Full 23-neighborhood breakdown with rent data.
Knoxville Home Prices: $390K, Up 1.2% — 17 ZIPs Analyzed (2026)
Knoxville home prices climbed 1.2% to $390K. See which ZIPs are cheapest, which top $640K, and whether renting beats buying in 2026.
Jackson Home Prices: $206K, Down 2% — 3 ZIPs Analyzed (2026)
Can you still find a deal in Jackson, TN? Median home price is $206K, down 2% YoY. See which ZIP is under $132K and how rent compares to buying.
Chattanooga Home Prices: $294K, Down 1.3% — 13 ZIPs (2026)
Can you still find a deal in Chattanooga? Median home price sits at $294K, down 1.3% YoY. See which ZIPs are cheapest and how rent compares in 2026.
Franklin Home Prices: $945K, Up 1.7% — 3 ZIPs Analyzed (2026)
Can you afford Franklin, TN? Median home price hits $945K, up 1.7% YoY. See which ZIP tops $1M, rent vs buy math, and population trends for 2026.
Murfreesboro Home Prices: $416K, Flat YoY — 4 ZIPs Analyzed (2026)
Murfreesboro home prices held steady at $416K with 0% change. Which ZIP is cheapest? Full breakdown of 4 neighborhoods, rent data, and 2026 outlook.
Clarksville Home Prices: $328K, Down 0.5% — 3 ZIPs Analyzed (2026)
Clarksville prices dropped 0.5% to $328K. Which ZIPs are cheapest? Full breakdown of 3 neighborhoods, rent data, and 2026 outlook.
Nashville Home Prices: $538K, Down 1.0% — 25 ZIPs Analyzed (2026)
Nashville prices dropped 1.0% to $538K. Which ZIPs are cheapest? Full breakdown of 25 neighborhoods, rent data, and 2026 outlook.