Haywood County, Tennessee Housing Market

In Haywood County, Tennessee, the median home value is $152,400, with a median monthly rent of $762. This places Haywood County at #2189 nationally out of 3134 counties by median home value, and #83 within Tennessee.

Median Home Value $152,400
Median Rent $762/mo
Owner Occupancy 60.7%
Price/Rent Ratio 16.7

📈 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 Haywood County fell -3.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

5,239
jobs (private sector)
  • Avg weekly wage: $1,339
  • Establishments: 372
  • BLS QCEW, 2025
🏗️

Housing Supply

82
new units authorized (2025)
  • Single-family: 10
  • Multi-family: 72
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+242
net migration (filers, 2021-2022)
  • Inflow: 6,926 (avg $58,966)
  • Outflow: 6,684 (avg $59,241)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Haywood County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 38012 217.0 -3.12% 2025
2 38063 231.3 +8.16% 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 Haywood County Compares

MetricHaywood CountyTennessee AverageU.S. Average
Median Home Value $152,400 $223,385 $227,706
Median Gross Rent $762 $892 $968
Owner Occupancy Rate 60.7% 74.1% 73.3%
Price/Rent Ratio 16.7 20.5 18.7

Market Analysis

The median home value in Haywood County is 31.8% below the Tennessee state average and 33.1% below the U.S. national average. The median rent of $762/month is 14.6% below the state average.

With a price-to-rent ratio of 16.7, the buy-vs-rent decision in Haywood County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Haywood County has an owner-occupancy rate of 60.7%, 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
Grady County Georgia $152,400 $779
Pocahontas County West Virginia $152,400 $715
Bay County Michigan $152,200 $860
Cherry County Nebraska $152,200 $916
Sierra County New Mexico $152,600 $729

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Weakley County $151,200 $803 66.3%
Benton County $153,600 $768 75.1%
Grundy County $154,000 $636 83.7%
Jackson County $155,500 $758 81.1%
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).