Greene County, Tennessee Housing Market
In Greene County, Tennessee, the median home value is $207,500, with a median monthly rent of $737. This places Greene County at #1329 nationally out of 3134 counties by median home value, and #45 within Tennessee.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $995
- Establishments: 1,434
- BLS QCEW, 2025
Housing Supply
- Single-family: 276
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 28,158 (avg $58,582)
- Outflow: 25,884 (avg $57,350)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Greene County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 37641 | 291.1 | +10.18% | 2025 |
| 2 | 37616 | 287.2 | +2.87% | 2025 |
| 3 | 37745 | 280.8 | +7.33% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Greene County Compares
| Metric | Greene County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $207,500 | $223,385 | $227,706 |
| Median Gross Rent | $737 | $892 | $968 |
| Owner Occupancy Rate | 77.1% | 74.1% | 73.3% |
| Price/Rent Ratio | 23.5 | 20.5 | 18.7 |
Market Analysis
The median home value in Greene County is 7.1% below the Tennessee state average and 8.9% below the U.S. national average. The median rent of $737/month is 17.4% below the state average.
With a price-to-rent ratio of 23.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Greene 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 |
|---|---|---|---|
| Appomattox County | Virginia | $207,600 | $855 |
| Jackson County | Kansas | $207,300 | $814 |
| Trigg County | Kentucky | $207,700 | $803 |
| Todd County | Minnesota | $207,700 | $908 |
| Autauga County | Alabama | $207,200 | $1,263 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| White County | $207,200 | $849 | 76.9% |
| Rhea County | $206,000 | $839 | 71.5% |
| Stewart County | $204,700 | $945 | 81.1% |
| Hamblen County | $210,900 | $857 | 69.8% |
| Union County | $204,000 | $847 | 80.2% |
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).