Sumner County, Tennessee Housing Market
In Sumner County, Tennessee, the median home value is $393,100, with a median monthly rent of $1,424. This places Sumner County at #306 nationally out of 3134 counties by median home value, and #4 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: $1,187
- Establishments: 5,132
- BLS QCEW, 2025
Housing Supply
- Single-family: 1,571
- Multi-family: 1,474
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 83,475 (avg $103,436)
- Outflow: 76,812 (avg $104,002)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Sumner County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 37075 | 312.6 | +1.54% | 2025 |
| 2 | 37066 | 315.1 | +3.29% | 2025 |
| 3 | 37031 | 297.3 | -0.85% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Sumner County Compares
| Metric | Sumner County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $393,100 | $223,385 | $227,706 |
| Median Gross Rent | $1,424 | $892 | $968 |
| Owner Occupancy Rate | 72.0% | 74.1% | 73.3% |
| Price/Rent Ratio | 23.0 | 20.5 | 18.7 |
Market Analysis
The median home value in Sumner County is 76.0% above the Tennessee state average and 72.6% above the U.S. national average. The median rent of $1,424/month is 59.6% above the state average.
With a price-to-rent ratio of 23.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Sumner County has an owner-occupancy rate of 72.0%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Oldham County | Kentucky | $393,100 | $1,219 |
| Madera County | California | $393,200 | $1,390 |
| Ketchikan Gateway Borough | Alaska | $393,300 | $1,505 |
| Hennepin County | Minnesota | $392,900 | $1,487 |
| Colusa County | California | $393,400 | $1,157 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Rutherford County | $382,600 | $1,502 | 64.8% |
| Davidson County | $417,400 | $1,582 | 52.8% |
| Wilson County | $428,000 | $1,486 | 77.0% |
| Maury County | $355,700 | $1,300 | 70.9% |
| Loudon County | $348,000 | $1,062 | 80.3% |
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).