Hickman County, Tennessee Housing Market

In Hickman County, Tennessee, the median home value is $224,100, with a median monthly rent of $893. This places Hickman County at #1137 nationally out of 3134 counties by median home value, and #40 within Tennessee.

Median Home Value $224,100
Median Rent $893/mo
Owner Occupancy 79.2%
Price/Rent Ratio 20.9

📈 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 Hickman County rose +3.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,804
jobs (private sector)
  • Avg weekly wage: $1,042
  • Establishments: 356
  • BLS QCEW, 2025
🏗️

Housing Supply

116
new units authorized (2025)
  • Single-family: 114
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+702
net migration (filers, 2021-2022)
  • Inflow: 9,159 (avg $58,383)
  • Outflow: 8,457 (avg $57,835)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Hickman County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 38462 317.9 +0.68% 2025
2 37033 296.6 +4.42% 2025
3 37101 397.5 +4.03% 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 Hickman County Compares

MetricHickman CountyTennessee AverageU.S. Average
Median Home Value $224,100 $223,385 $227,706
Median Gross Rent $893 $892 $968
Owner Occupancy Rate 79.2% 74.1% 73.3%
Price/Rent Ratio 20.9 20.5 18.7

Market Analysis

The median home value in Hickman County is about equal to the Tennessee state average and 1.6% below the U.S. national average. The median rent of $893/month is about equal to the state average.

With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Hickman County has an owner-occupancy rate of 79.2%, 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

CountyStateMedian Home ValueMedian Rent
Marion County Indiana $224,000 $1,153
Hancock County Mississippi $224,200 $977
San Juan County Utah $224,200 $867
Elmore County Alabama $223,900 $1,071
Berrien County Michigan $224,300 $942

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Macon County $225,700 $846 73.6%
Monroe County $227,500 $714 72.2%
Jefferson County $229,300 $904 75.8%
Lincoln County $229,700 $857 75.8%
Sequatchie County $232,600 $818 78.0%

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).