Scott County, Tennessee Housing Market

In Scott County, Tennessee, the median home value is $124,900, with a median monthly rent of $686. This places Scott County at #2550 nationally out of 3134 counties by median home value, and #93 within Tennessee.

Median Home Value $124,900
Median Rent $686/mo
Owner Occupancy 71.6%
Price/Rent Ratio 15.2

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

4,297
jobs (private sector)
  • Avg weekly wage: $834
  • Establishments: 398
  • BLS QCEW, 2025
🏗️

Housing Supply

3
new units authorized (2025)
  • Single-family: 1
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+389
net migration (filers, 2021-2022)
  • Inflow: 7,407 (avg $52,875)
  • Outflow: 7,018 (avg $52,624)
  • IRS Statistics of Income

How Scott County Compares

MetricScott CountyTennessee AverageU.S. Average
Median Home Value $124,900 $223,385 $227,706
Median Gross Rent $686 $892 $968
Owner Occupancy Rate 71.6% 74.1% 73.3%
Price/Rent Ratio 15.2 20.5 18.7

Market Analysis

The median home value in Scott County is 44.1% below the Tennessee state average and 45.1% below the U.S. national average. The median rent of $686/month is 23.1% below the state average.

With a price-to-rent ratio of 15.2, the buy-vs-rent decision in Scott County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Scott County has an owner-occupancy rate of 71.6%, compared to 74.1% in Tennessee and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Green County Kentucky $125,000 $610
Bracken County Kentucky $125,000 $756
Hansford County Texas $124,800 $939
Wapello County Iowa $125,100 $920
Edgecombe County North Carolina $125,100 $858

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Perry County $126,900 $758 73.8%
Hardeman County $121,700 $812 71.7%
Wayne County $130,700 $619 80.2%
Obion County $133,600 $770 68.1%
Hancock County $134,500 $622 74.6%

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).