Decatur County, Tennessee Housing Market

In Decatur County, Tennessee, the median home value is $139,600, with a median monthly rent of $757. This places Decatur County at #2378 nationally out of 3134 counties by median home value, and #87 within Tennessee.

Median Home Value $139,600
Median Rent $757/mo
Owner Occupancy 74.3%
Price/Rent Ratio 15.4

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

2,787
jobs (private sector)
  • Avg weekly wage: $980
  • Establishments: 273
  • BLS QCEW, 2025
🏗️

Housing Supply

7
new units authorized (2025)
  • Single-family: 7
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
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Migration Patterns

+415
net migration (filers, 2021-2022)
  • Inflow: 4,260 (avg $57,006)
  • Outflow: 3,845 (avg $57,040)
  • IRS Statistics of Income

How Decatur County Compares

MetricDecatur CountyTennessee AverageU.S. Average
Median Home Value $139,600 $223,385 $227,706
Median Gross Rent $757 $892 $968
Owner Occupancy Rate 74.3% 74.1% 73.3%
Price/Rent Ratio 15.4 20.5 18.7

Market Analysis

The median home value in Decatur County is 37.5% below the Tennessee state average and 38.7% below the U.S. national average. The median rent of $757/month is 15.1% below the state average.

With a price-to-rent ratio of 15.4, the buy-vs-rent decision in Decatur County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Decatur County has an owner-occupancy rate of 74.3%, 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

CountyStateMedian Home ValueMedian Rent
Woods County Oklahoma $139,600 $850
Jones County South Dakota $139,600 $543
Smyth County Virginia $139,600 $731
Cheyenne County Nebraska $139,700 $821
Nelson County North Dakota $139,700 $582

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Carroll County $142,400 $755 74.5%
Clay County $136,400 $557 74.4%
Lauderdale County $143,200 $774 64.4%
Hancock County $134,500 $622 74.6%
Obion County $133,600 $770 68.1%

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).