Hamilton County, Tennessee Housing Market

In Hamilton County, Tennessee, the median home value is $312,800, with a median monthly rent of $1,253. This places Hamilton County at #564 nationally out of 3134 counties by median home value, and #14 within Tennessee.

Median Home Value $312,800
Median Rent $1,253/mo
Owner Occupancy 63.9%
Price/Rent Ratio 20.8

📈 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 Hamilton County rose +1.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

196,986
jobs (private sector)
  • Avg weekly wage: $1,292
  • Establishments: 12,312
  • BLS QCEW, 2025
🏗️

Housing Supply

1,887
new units authorized (2025)
  • Single-family: 1,705
  • Multi-family: 182
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+9199
net migration (filers, 2021-2022)
  • Inflow: 152,868 (avg $96,979)
  • Outflow: 143,669 (avg $95,949)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Hamilton County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 37350 325.0 +1.29% 2025
2 37409 600.6 -1.66% 2025
3 37341 314.7 +8.25% 2025
4 37377 313.8 +4.26% 2025
5 37302 305.4 +13.12% 2025
6 37416 303.2 +1.56% 2025
7 37404 463.8 +1.65% 2025
8 37419 326.0 +0.77% 2025
9 37363 280.9 +4.12% 2025
10 37343 297.3 +0.15% 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 Hamilton County Compares

MetricHamilton CountyTennessee AverageU.S. Average
Median Home Value $312,800 $223,385 $227,706
Median Gross Rent $1,253 $892 $968
Owner Occupancy Rate 63.9% 74.1% 73.3%
Price/Rent Ratio 20.8 20.5 18.7

Market Analysis

The median home value in Hamilton County is 40.0% above the Tennessee state average and 37.4% above the U.S. national average. The median rent of $1,253/month is 40.5% above the state average.

With a price-to-rent ratio of 20.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Hamilton County has an owner-occupancy rate of 63.9%, 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
Midland County Texas $312,700 $1,407
Volusia County Florida $313,000 $1,467
Rockingham County Virginia $313,000 $1,160
Clay County Florida $312,500 $1,551
Sandoval County New Mexico $313,800 $1,427

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Dickson County $306,400 $1,015 80.3%
Blount County $320,500 $1,090 77.0%
Knox County $320,900 $1,261 65.2%
Sevier County $299,000 $1,072 70.7%
Robertson County $335,000 $1,199 77.6%

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).