Pickett County, Tennessee Housing Market
In Pickett County, Tennessee, the median home value is $178,500, with a median monthly rent of $564. This places Pickett County at #1661 nationally out of 3134 counties by median home value, and #60 within Tennessee.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $822
- Establishments: 96
- BLS QCEW, 2025
Migration Patterns
- Inflow: 2,019 (avg $60,251)
- Outflow: 1,873 (avg $57,753)
- IRS Statistics of Income
🔗 Explore Pickett County on Our Sister Sites
Get the complete picture for Pickett County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Pickett County Compares
| Metric | Pickett County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $178,500 | $223,385 | $227,706 |
| Median Gross Rent | $564 | $892 | $968 |
| Owner Occupancy Rate | 83.4% | 74.1% | 73.3% |
| Price/Rent Ratio | 26.4 | 20.5 | 18.7 |
Market Analysis
The median home value in Pickett County is 20.1% below the Tennessee state average and 21.6% below the U.S. national average. The median rent of $564/month is 36.8% below the state average.
With a price-to-rent ratio of 26.4, Pickett County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Pickett County has an owner-occupancy rate of 83.4%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Richmond County | Georgia | $178,500 | $1,141 |
| Wayne County | Michigan | $178,500 | $1,132 |
| Adams County | Indiana | $178,400 | $833 |
| Clay County | Iowa | $178,600 | $811 |
| Johnson County | Tennessee | $178,600 | $674 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Johnson County | $178,600 | $674 | 77.5% |
| Meigs County | $180,000 | $875 | 81.0% |
| Hawkins County | $176,300 | $785 | 80.1% |
| Lewis County | $173,400 | $708 | 81.9% |
| Overton County | $173,200 | $832 | 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).