Cheatham County, Tennessee Housing Market
In Cheatham County, Tennessee, the median home value is $338,700, with a median monthly rent of $1,345. This places Cheatham County at #462 nationally out of 3134 counties by median home value, and #9 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: $1,184
- Establishments: 870
- BLS QCEW, 2025
Housing Supply
- Single-family: 285
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 18,085 (avg $73,597)
- Outflow: 16,831 (avg $72,224)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Cheatham County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 37032 | 288.3 | -5.54% | 2025 |
| 2 | 37036 | 280.4 | -10.15% | 2025 |
| 3 | 37035 | 293.6 | -5.45% | 2025 |
| 4 | 37062 | 335.4 | +4.74% | 2025 |
| 5 | 37080 | 305.3 | +5.63% | 2025 |
| 6 | 37015 | 298.9 | +0.90% | 2025 |
| 7 | 37143 | 300.2 | -0.88% | 2025 |
| 8 | 37187 | 316.3 | +2.32% | 2025 |
| 9 | 37043 | 288.4 | +4.57% | 2025 |
| 10 | 37082 | 323.0 | +2.34% | 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 Cheatham County Compares
| Metric | Cheatham County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $338,700 | $223,385 | $227,706 |
| Median Gross Rent | $1,345 | $892 | $968 |
| Owner Occupancy Rate | 81.5% | 74.1% | 73.3% |
| Price/Rent Ratio | 21.0 | 20.5 | 18.7 |
Market Analysis
The median home value in Cheatham County is 51.6% above the Tennessee state average and 48.7% above the U.S. national average. The median rent of $1,345/month is 50.8% above the state average.
With a price-to-rent ratio of 21.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Cheatham County has an owner-occupancy rate of 81.5%, compared to 74.1% in Tennessee and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Morgan County | Colorado | $338,600 | $1,025 |
| Kern County | California | $338,300 | $1,300 |
| Grand Traverse County | Michigan | $339,400 | $1,288 |
| Walton County | Georgia | $339,500 | $1,175 |
| Twin Falls County | Idaho | $337,900 | $1,089 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Trousdale County | $337,600 | $853 | 74.5% |
| Fayette County | $340,800 | $902 | 81.4% |
| Robertson County | $335,000 | $1,199 | 77.6% |
| Loudon County | $348,000 | $1,062 | 80.3% |
| Maury County | $355,700 | $1,300 | 70.9% |
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).