Fentress County, Tennessee Housing Market

In Fentress County, Tennessee, the median home value is $168,200, with a median monthly rent of $709. This places Fentress County at #1844 nationally out of 3134 counties by median home value, and #67 within Tennessee.

Median Home Value $168,200
Median Rent $709/mo
Owner Occupancy 82.6%
Price/Rent Ratio 19.8

📈 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 Fentress County rose +4.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,991
jobs (private sector)
  • Avg weekly wage: $817
  • Establishments: 336
  • BLS QCEW, 2025
🏗️

Housing Supply

8
new units authorized (2025)
  • Single-family: 8
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+905
net migration (filers, 2021-2022)
  • Inflow: 7,293 (avg $60,644)
  • Outflow: 6,388 (avg $57,726)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 38556 273.7 +3.85% 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 Fentress County Compares

MetricFentress CountyTennessee AverageU.S. Average
Median Home Value $168,200 $223,385 $227,706
Median Gross Rent $709 $892 $968
Owner Occupancy Rate 82.6% 74.1% 73.3%
Price/Rent Ratio 19.8 20.5 18.7

Market Analysis

The median home value in Fentress County is 24.7% below the Tennessee state average and 26.1% below the U.S. national average. The median rent of $709/month is 20.5% below the state average.

With a price-to-rent ratio of 19.8, the buy-vs-rent decision in Fentress County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Fentress County has an owner-occupancy rate of 82.6%, 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
Douglas County Missouri $168,200 $700
Ralls County Missouri $168,200 $749
Carter County Tennessee $168,200 $739
Bethel Census Area Alaska $168,100 $1,474
Marion County Kentucky $168,100 $726

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Carter County $168,200 $739 75.2%
Polk County $169,900 $676 83.6%
Dyer County $166,400 $782 61.9%
Morgan County $166,300 $770 84.9%
Henderson County $164,800 $745 73.2%

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).