Grainger County, Tennessee Housing Market
In Grainger County, Tennessee, the median home value is $189,200, with a median monthly rent of $746. This places Grainger County at #1528 nationally out of 3134 counties by median home value, and #56 within Tennessee.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,113
- Establishments: 342
- BLS QCEW, 2025
Housing Supply
- Single-family: 65
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 9,129 (avg $60,525)
- Outflow: 8,381 (avg $58,175)
- IRS Statistics of Income
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| Metric | Grainger County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $189,200 | $223,385 | $227,706 |
| Median Gross Rent | $746 | $892 | $968 |
| Owner Occupancy Rate | 77.1% | 74.1% | 73.3% |
| Price/Rent Ratio | 21.1 | 20.5 | 18.7 |
Market Analysis
The median home value in Grainger County is 15.3% below the Tennessee state average and 16.9% below the U.S. national average. The median rent of $746/month is 16.4% below the state average.
With a price-to-rent ratio of 21.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Grainger County has an owner-occupancy rate of 77.1%, 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 |
|---|---|---|---|
| Ogle County | Illinois | $189,200 | $936 |
| Gilliam County | Oregon | $189,300 | $1,125 |
| Archer County | Texas | $189,100 | $770 |
| York County | Nebraska | $189,400 | $877 |
| Bledsoe County | Tennessee | $189,400 | $830 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bledsoe County | $189,400 | $830 | 82.5% |
| Unicoi County | $189,600 | $750 | 72.9% |
| Campbell County | $186,500 | $716 | 69.2% |
| Warren County | $192,900 | $827 | 72.4% |
| Humphreys County | $193,400 | $862 | 78.3% |
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).