Macon County, Tennessee Housing Market

In Macon County, Tennessee, the median home value is $225,700, with a median monthly rent of $846. This places Macon County at #1123 nationally out of 3134 counties by median home value, and #39 within Tennessee.

Median Home Value $225,700
Median Rent $846/mo
Owner Occupancy 73.6%
Price/Rent Ratio 22.2

📈 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 Macon County rose +6.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,123
jobs (private sector)
  • Avg weekly wage: $960
  • Establishments: 369
  • BLS QCEW, 2025
🏗️

Housing Supply

175
new units authorized (2025)
  • Single-family: 165
  • Multi-family: 10
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+738
net migration (filers, 2021-2022)
  • Inflow: 9,335 (avg $54,746)
  • Outflow: 8,597 (avg $55,260)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 37186 315.2 -0.36% 2025
2 37022 335.6 +4.95% 2025
3 37083 303.1 +5.12% 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 Macon County Compares

MetricMacon CountyTennessee AverageU.S. Average
Median Home Value $225,700 $223,385 $227,706
Median Gross Rent $846 $892 $968
Owner Occupancy Rate 73.6% 74.1% 73.3%
Price/Rent Ratio 22.2 20.5 18.7

Market Analysis

The median home value in Macon County is 1.0% above the Tennessee state average and 0.9% below the U.S. national average. The median rent of $846/month is 5.2% below the state average.

With a price-to-rent ratio of 22.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Macon County has an owner-occupancy rate of 73.6%, 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
Hardin County Kentucky $225,800 $971
Winnebago County Wisconsin $225,800 $965
Yankton County South Dakota $225,900 $781
Floyd County Virginia $225,400 $878
Prince of Wales-Hyder Census Area Alaska $225,300 $964

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Hickman County $224,100 $893 79.2%
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).