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The Narraitive

Tennessee housing market

TN2 covered citiesData through May 2026

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Key housing metrics

Typical home value

$336K

+0.4% YoY

Median rent (covered cities)

$1,810/mo

Covered cities

2

Typical home value (ZHVI)$K
Home valueSource: Zillow Research ZHVI, state level — smoothed, seasonally adjusted
Home value growth, year over year% YoY
Value YoYSource: The Narraitive on Zillow Research ZHVI

Covered markets in Tennessee

MarketHome valueValue YoYRentRent YoY
Nashville$437K-3.3%$1,810-0.6%
Memphis$148K-3.1%$1,281+0.8%

Frequently asked questions

What is the typical home value in Tennessee?
The typical home value in Tennessee is $336K (+0.4% YoY) as of May 2026, per Zillow Research's state-level ZHVI (smoothed, seasonally adjusted, middle price tier). The two-year trend and growth rate are charted above and refresh monthly.
Is now a good time to buy a house in Tennessee?
The Narraitive does not provide real-estate, investment, or financial advice. Housing is local: statewide numbers hide city-level differences, so check the covered Tennessee city dashboards below against inventory, affordability, and rent-vs-buy math — and consult a licensed local professional for advice specific to your situation.

Methodology: state figures are Zillow Research’s state-level ZHVI (typical home value, middle price tier, smoothed and seasonally adjusted); city rows use the same city-level series documented on each city page. Data provided by Zillow (zillow.com/research/data), used with attribution; refreshed monthly. Never real-estate, investment, or financial advice. Corrections: hello@thenarraitive.com.