DeKalb County, Tennessee Housing Market

In DeKalb County, Tennessee, the median home value is $235,500, with a median monthly rent of $839. This places DeKalb County at #1031 nationally out of 3134 counties by median home value, and #32 within Tennessee.

Median Home Value $235,500
Median Rent $839/mo
Owner Occupancy 72.6%
Price/Rent Ratio 23.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in DeKalb County rose +3.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,276
jobs (private sector)
  • Avg weekly wage: $975
  • Establishments: 399
  • BLS QCEW, 2025
🏗️

Housing Supply

144
new units authorized (2025)
  • Single-family: 144
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+636
net migration (filers, 2021-2022)
  • Inflow: 7,937 (avg $64,307)
  • Outflow: 7,301 (avg $63,191)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in DeKalb County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 38544 269.0 -9.37% 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.

How DeKalb County Compares

MetricDeKalb CountyTennessee AverageU.S. Average
Median Home Value $235,500 $223,385 $227,706
Median Gross Rent $839 $892 $968
Owner Occupancy Rate 72.6% 74.1% 73.3%
Price/Rent Ratio 23.4 20.5 18.7

Market Analysis

The median home value in DeKalb County is 5.4% above the Tennessee state average and 3.4% above the U.S. national average. The median rent of $839/month is 5.9% below the state average.

With a price-to-rent ratio of 23.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

DeKalb County has an owner-occupancy rate of 72.6%, 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

CountyStateMedian Home ValueMedian Rent
Winona County Minnesota $235,400 $907
Garrett County Maryland $235,300 $765
Johnson County Missouri $235,700 $932
Schenectady County New York $235,700 $1,194
Cleveland County Oklahoma $235,700 $1,167

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Giles County $234,300 $862 73.3%
Franklin County $236,900 $894 77.4%
Roane County $232,900 $785 78.1%
Sequatchie County $232,600 $818 78.0%
Anderson County $239,400 $1,031 71.7%

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).