Bedford County, Tennessee Housing Market
In Bedford County, Tennessee, the median home value is $281,200, with a median monthly rent of $1,051. This places Bedford County at #723 nationally out of 3134 counties by median home value, and #19 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: $1,087
- Establishments: 974
- BLS QCEW, 2025
Housing Supply
- Single-family: 376
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 19,792 (avg $65,339)
- Outflow: 18,486 (avg $64,455)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 7 active ZIP codes in Bedford County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 37334 | 298.8 | +8.33% | 2025 |
| 2 | 37020 | 368.1 | +9.01% | 2025 |
| 3 | 37388 | 313.5 | +3.94% | 2025 |
| 4 | 37091 | 345.3 | +7.14% | 2025 |
| 5 | 37153 | 357.3 | +1.62% | 2025 |
| 6 | 37160 | 334.9 | +2.04% | 2025 |
| 7 | 37034 | 379.5 | +3.12% | 2025 |
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 Bedford County Compares
| Metric | Bedford County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $281,200 | $223,385 | $227,706 |
| Median Gross Rent | $1,051 | $892 | $968 |
| Owner Occupancy Rate | 71.9% | 74.1% | 73.3% |
| Price/Rent Ratio | 22.3 | 20.5 | 18.7 |
Market Analysis
The median home value in Bedford County is 25.9% above the Tennessee state average and 23.5% above the U.S. national average. The median rent of $1,051/month is 17.8% above the state average.
With a price-to-rent ratio of 22.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Bedford County has an owner-occupancy rate of 71.9%, 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 |
|---|---|---|---|
| Limestone County | Alabama | $281,000 | $970 |
| Mohave County | Arizona | $281,000 | $1,091 |
| Porter County | Indiana | $281,500 | $1,219 |
| Southeast Fairbanks Census Area | Alaska | $282,000 | $1,351 |
| Klamath County | Oregon | $280,400 | $991 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Montgomery County | $280,200 | $1,308 | 61.9% |
| Putnam County | $282,500 | $908 | 61.2% |
| Marshall County | $279,800 | $946 | 76.8% |
| Moore County | $285,300 | $841 | 82.5% |
| Sevier County | $299,000 | $1,072 | 70.7% |
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).