Gibson County, Tennessee Housing Market

In Gibson County, Tennessee, the median home value is $156,900, with a median monthly rent of $819. This places Gibson County at #2092 nationally out of 3134 counties by median home value, and #79 within Tennessee.

Median Home Value $156,900
Median Rent $819/mo
Owner Occupancy 68.8%
Price/Rent Ratio 16.0

📈 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 Gibson County fell -0.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,574
jobs (private sector)
  • Avg weekly wage: $980
  • Establishments: 994
  • BLS QCEW, 2025
🏗️

Housing Supply

199
new units authorized (2025)
  • Single-family: 187
  • Multi-family: 12
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1065
net migration (filers, 2021-2022)
  • Inflow: 19,265 (avg $61,330)
  • Outflow: 18,200 (avg $61,486)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Gibson County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 38358 236.7 +0.72% 2025
2 38382 225.7 -1.69% 2025
3 38355 237.0 +1.02% 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 Gibson County Compares

MetricGibson CountyTennessee AverageU.S. Average
Median Home Value $156,900 $223,385 $227,706
Median Gross Rent $819 $892 $968
Owner Occupancy Rate 68.8% 74.1% 73.3%
Price/Rent Ratio 16.0 20.5 18.7

Market Analysis

The median home value in Gibson County is 29.8% below the Tennessee state average and 31.1% below the U.S. national average. The median rent of $819/month is 8.2% below the state average.

With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Gibson County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Gibson County has an owner-occupancy rate of 68.8%, 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
Pittsburg County Oklahoma $156,900 $860
Osage County Kansas $156,800 $785
Marion County Ohio $156,800 $864
Clay County Alabama $156,700 $619
Breckinridge County Kentucky $156,700 $733

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Cocke County $158,100 $798 74.5%
Jackson County $155,500 $758 81.1%
Crockett County $158,900 $857 71.6%
Van Buren County $159,200 $700 86.4%
Grundy County $154,000 $636 83.7%

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).