Anderson County, Tennessee Housing Market
In Anderson County, Tennessee, the median home value is $239,400, with a median monthly rent of $1,031. This places Anderson County at #991 nationally out of 3134 counties by median home value, and #30 within Tennessee.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,621
- Establishments: 1,886
- BLS QCEW, 2025
Housing Supply
- Single-family: 316
- Multi-family: 112
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 33,003 (avg $80,589)
- Outflow: 30,187 (avg $82,180)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Anderson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 37769 | 340.4 | +15.21% | 2025 |
| 2 | 37840 | 314.7 | +1.59% | 2025 |
| 3 | 37754 | 253.8 | — | 2025 |
| 4 | 37830 | 306.9 | +2.48% | 2025 |
| 5 | 37938 | 301.6 | +5.46% | 2025 |
| 6 | 37705 | 302.2 | +13.56% | 2025 |
| 7 | 37716 | 302.8 | -0.27% | 2025 |
| 8 | 37849 | 310.7 | +4.08% | 2025 |
| 9 | 37931 | 302.3 | +5.71% | 2025 |
| 10 | 37828 | 330.9 | +1.58% | 2024 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Anderson County Compares
| Metric | Anderson County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $239,400 | $223,385 | $227,706 |
| Median Gross Rent | $1,031 | $892 | $968 |
| Owner Occupancy Rate | 71.7% | 74.1% | 73.3% |
| Price/Rent Ratio | 19.4 | 20.5 | 18.7 |
Market Analysis
The median home value in Anderson County is 7.2% above the Tennessee state average and 5.1% above the U.S. national average. The median rent of $1,031/month is 15.6% above the state average.
With a price-to-rent ratio of 19.4, the buy-vs-rent decision in Anderson County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Anderson County has an owner-occupancy rate of 71.7%, compared to 74.1% in Tennessee and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Knox County | Ohio | $239,400 | $950 |
| Kit Carson County | Colorado | $239,500 | $973 |
| Rio Grande County | Colorado | $239,500 | $945 |
| Tippecanoe County | Indiana | $239,300 | $1,124 |
| Pine County | Minnesota | $239,300 | $877 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Tipton County | $240,600 | $1,013 | 76.3% |
| Franklin County | $236,900 | $894 | 77.4% |
| DeKalb County | $235,500 | $839 | 72.6% |
| Smith County | $243,800 | $922 | 76.9% |
| Giles County | $234,300 | $862 | 73.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).