Grundy County, Tennessee Housing Market
In Grundy County, Tennessee, the median home value is $154,000, with a median monthly rent of $636. This places Grundy County at #2162 nationally out of 3134 counties by median home value, and #81 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: $750
- Establishments: 205
- BLS QCEW, 2025
Housing Supply
- Single-family: 16
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,399 (avg $54,036)
- Outflow: 5,028 (avg $53,804)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Grundy County Compares
| Metric | Grundy County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $154,000 | $223,385 | $227,706 |
| Median Gross Rent | $636 | $892 | $968 |
| Owner Occupancy Rate | 83.7% | 74.1% | 73.3% |
| Price/Rent Ratio | 20.2 | 20.5 | 18.7 |
Market Analysis
The median home value in Grundy County is 31.1% below the Tennessee state average and 32.4% below the U.S. national average. The median rent of $636/month is 28.7% below the state average.
With a price-to-rent ratio of 20.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Grundy County has an owner-occupancy rate of 83.7%, 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 |
|---|---|---|---|
| Howard County | Arkansas | $153,900 | $690 |
| Conway County | Arkansas | $154,100 | $755 |
| Miller County | Arkansas | $153,900 | $892 |
| Marion County | Georgia | $154,100 | $710 |
| Alpena County | Michigan | $153,900 | $673 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Benton County | $153,600 | $768 | 75.1% |
| Jackson County | $155,500 | $758 | 81.1% |
| Haywood County | $152,400 | $762 | 60.7% |
| Weakley County | $151,200 | $803 | 66.3% |
| Gibson County | $156,900 | $819 | 68.8% |
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).