Warren County, Tennessee Housing Market

In Warren County, Tennessee, the median home value is $192,900, with a median monthly rent of $827. This places Warren County at #1481 nationally out of 3134 counties by median home value, and #53 within Tennessee.

Median Home Value $192,900
Median Rent $827/mo
Owner Occupancy 72.4%
Price/Rent Ratio 19.4

📈 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 Warren County rose +7.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

10,743
jobs (private sector)
  • Avg weekly wage: $1,008
  • Establishments: 890
  • BLS QCEW, 2025
🏗️

Housing Supply

271
new units authorized (2025)
  • Single-family: 235
  • Multi-family: 36
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+973
net migration (filers, 2021-2022)
  • Inflow: 15,878 (avg $57,879)
  • Outflow: 14,905 (avg $57,649)
  • IRS Statistics of Income

How Warren County Compares

MetricWarren CountyTennessee AverageU.S. Average
Median Home Value $192,900 $223,385 $227,706
Median Gross Rent $827 $892 $968
Owner Occupancy Rate 72.4% 74.1% 73.3%
Price/Rent Ratio 19.4 20.5 18.7

Market Analysis

The median home value in Warren County is 13.6% below the Tennessee state average and 15.3% below the U.S. national average. The median rent of $827/month is 7.3% below the state average.

With a price-to-rent ratio of 19.4, the buy-vs-rent decision in Warren County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Warren County has an owner-occupancy rate of 72.4%, 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
Okeechobee County Florida $193,000 $1,082
St. Joseph County Indiana $192,800 $1,062
Ransom County North Dakota $193,000 $691
Jackson County Mississippi $193,100 $1,101
Adams County Nebraska $193,100 $857

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Humphreys County $193,400 $862 78.3%
Lawrence County $194,400 $763 77.6%
Marion County $195,200 $853 78.5%
Unicoi County $189,600 $750 72.9%
Bledsoe County $189,400 $830 82.5%

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).