Hamblen County, Tennessee Housing Market

In Hamblen County, Tennessee, the median home value is $210,900, with a median monthly rent of $857. This places Hamblen County at #1295 nationally out of 3134 counties by median home value, and #44 within Tennessee.

Median Home Value $210,900
Median Rent $857/mo
Owner Occupancy 69.8%
Price/Rent Ratio 20.5

📈 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 Hamblen County rose +1.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

29,242
jobs (private sector)
  • Avg weekly wage: $1,012
  • Establishments: 1,464
  • BLS QCEW, 2025
🏗️

Housing Supply

258
new units authorized (2025)
  • Single-family: 216
  • Multi-family: 42
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1884
net migration (filers, 2021-2022)
  • Inflow: 25,131 (avg $62,510)
  • Outflow: 23,247 (avg $61,513)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 5 active ZIP codes in Hamblen County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 37890 274.9 +2.72% 2025
2 37814 269.5 +3.12% 2025
3 37813 278.4 +0.71% 2025
4 37860 269.1 +5.74% 2025
5 37877 274.8 +0.02% 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 Hamblen County Compares

MetricHamblen CountyTennessee AverageU.S. Average
Median Home Value $210,900 $223,385 $227,706
Median Gross Rent $857 $892 $968
Owner Occupancy Rate 69.8% 74.1% 73.3%
Price/Rent Ratio 20.5 20.5 18.7

Market Analysis

The median home value in Hamblen County is 5.6% below the Tennessee state average and 7.4% below the U.S. national average. The median rent of $857/month is 3.9% below the state average.

With a price-to-rent ratio of 20.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Hamblen County has an owner-occupancy rate of 69.8%, 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
Nome Census Area Alaska $211,200 $1,394
McPherson County Kansas $211,200 $916
Mercer County Ohio $210,600 $804
Cedar County Iowa $211,300 $879
Henderson County Texas $211,300 $1,048

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Madison County $211,800 $1,123 62.0%
McMinn County $211,800 $803 75.8%
Sullivan County $213,300 $889 72.1%
Greene County $207,500 $737 77.1%
White County $207,200 $849 76.9%

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).