McMinn County, Tennessee Housing Market

In McMinn County, Tennessee, the median home value is $211,800, with a median monthly rent of $803. This places McMinn County at #1284 nationally out of 3134 counties by median home value, and #43 within Tennessee.

Median Home Value $211,800
Median Rent $803/mo
Owner Occupancy 75.8%
Price/Rent Ratio 22.0

📈 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 McMinn County rose +5.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

14,999
jobs (private sector)
  • Avg weekly wage: $1,039
  • Establishments: 1,009
  • BLS QCEW, 2025
🏗️

Housing Supply

125
new units authorized (2025)
  • Single-family: 107
  • Multi-family: 18
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1658
net migration (filers, 2021-2022)
  • Inflow: 21,206 (avg $61,293)
  • Outflow: 19,548 (avg $61,298)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 6 active ZIP codes in McMinn County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 37370 293.2 +3.05% 2025
2 37331 316.6 +0.57% 2025
3 37303 297.8 +3.34% 2025
4 37826 293.5 +8.42% 2025
5 37354 308.1 +5.15% 2025
6 37329 287.4 +11.70% 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 McMinn County Compares

MetricMcMinn CountyTennessee AverageU.S. Average
Median Home Value $211,800 $223,385 $227,706
Median Gross Rent $803 $892 $968
Owner Occupancy Rate 75.8% 74.1% 73.3%
Price/Rent Ratio 22.0 20.5 18.7

Market Analysis

The median home value in McMinn County is 5.2% below the Tennessee state average and 7.0% below the U.S. national average. The median rent of $803/month is 10.0% below the state average.

With a price-to-rent ratio of 22.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

McMinn County has an owner-occupancy rate of 75.8%, 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
St. James Parish Louisiana $211,800 $903
Alexander County North Carolina $211,800 $764
Sherman County Oregon $211,800 $1,032
Madison County Tennessee $211,800 $1,123
Yuma County Colorado $211,700 $942

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Madison County $211,800 $1,123 62.0%
Hamblen County $210,900 $857 69.8%
Sullivan County $213,300 $889 72.1%
Greene County $207,500 $737 77.1%
White County $207,200 $849 76.9%

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).