Humphreys County, Tennessee Housing Market

In Humphreys County, Tennessee, the median home value is $193,400, with a median monthly rent of $862. This places Humphreys County at #1473 nationally out of 3134 counties by median home value, and #52 within Tennessee.

Median Home Value $193,400
Median Rent $862/mo
Owner Occupancy 78.3%
Price/Rent Ratio 18.7

📈 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 Humphreys County rose +7.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,704
jobs (private sector)
  • Avg weekly wage: $1,243
  • Establishments: 366
  • BLS QCEW, 2025
🏗️

Housing Supply

42
new units authorized (2025)
  • Single-family: 42
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+477
net migration (filers, 2021-2022)
  • Inflow: 7,406 (avg $77,014)
  • Outflow: 6,929 (avg $77,126)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Humphreys County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 37134 307.4 +7.51% 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 Humphreys County Compares

MetricHumphreys CountyTennessee AverageU.S. Average
Median Home Value $193,400 $223,385 $227,706
Median Gross Rent $862 $892 $968
Owner Occupancy Rate 78.3% 74.1% 73.3%
Price/Rent Ratio 18.7 20.5 18.7

Market Analysis

The median home value in Humphreys County is 13.4% below the Tennessee state average and 15.1% below the U.S. national average. The median rent of $862/month is 3.4% below the state average.

With a price-to-rent ratio of 18.7, the buy-vs-rent decision in Humphreys County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Humphreys County has an owner-occupancy rate of 78.3%, 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
Conejos County Colorado $193,400 $748
Lonoke County Arkansas $193,600 $1,025
St. John the Baptist Parish Louisiana $193,200 $1,334
Bottineau County North Dakota $193,200 $796
Fall River County South Dakota $193,200 $931

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Warren County $192,900 $827 72.4%
Lawrence County $194,400 $763 77.6%
Marion County $195,200 $853 78.5%
Unicoi County $189,600 $750 72.9%
Bledsoe County $189,400 $830 82.5%

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).