Toggle Menu
Toggle Menu
Toggle Menu

Tennessee Homes For Sale

The state of Tennessee has 74 Homes For Sale listed across 500 cities. The median value of houses in Tennessee is $277,400 with an appreciation rate of 23.2%. 29.3% of housing in Tennessee is rented and the vacancy rate is 11.5%.

Learn More About Tennessee Homes For Sale

Statistics & facts

6.85M Population
$277K Medium Home Value
2.66M # of Households
11.50% Housing Vacancy
39.96% Future Job Growth
2.60% Unemployment Rate


Population

Tennessee has a population of approximately 6,859,497 and experiences a population change rate of 20.57%. The population density is 166.4 / sq mi.

Household

The median household income for Tennessee is $58,516, with 2,664,791 households and an average household size of 2.52.

Cost of Living

The cost of living index in Tennessee is 96.2%.

Home Value

The median value of a home in Tennessee is $277,400 with an appreciation rate of 23.2%. 59.2% of housing in the state is owned while 29.3% is rented.

Employment

The unemployment rate in Tennessee is 2.60%, and recent job growth is at 0.93%. Future job growth is projected at 39.96%.

Taxes

The sales tax rate in Tennessee is 9.75%, while the income tax rate is 0.00%.

Education

School expenditures in Tennessee are $11,041, and the school ratio is 15.6:1.

Weather

The average high temperature in July is 88.3 degrees, with an average low temperature in January of 26.7 degrees. The average rainfall is approximately 52.8 inches per year, with 4.8 inches of snow per year.

Top 5 Reasons to move to the State of Tennessee

Affordable Tennessee Homes

Tennessee is a dream for those looking for affordable living options. Compared to many states, the cost of living in Tennessee is quite a bit lower. From Knoxville to Chattanooga, you can find budget-friendly homes and still enjoy a high quality of life. Imagine owning a spacious house without breaking the bank! Plus, low property taxes make it even sweeter. This affordability makes Tennessee a top choice for first-time homebuyers and retirees alike.

Tennessee’s Rich Music Scene

If you love music, Tennessee should be on your radar. Known as the birthplace of country music, the state is home to legendary cities like Nashville and Memphis. From the Grand Ole Opry to Beale Street, there's a rich musical heritage waiting to be explored. Music lovers will find a lively scene that celebrates everything from bluegrass to rock 'n' roll. Living in Tennessee means you'll never be far from a live performance or a historic music landmark.

Scenic Tennessee Views

One of the best things about Tennessee is its famous Southern hospitality. The people here are known for their friendliness and welcoming nature. Whether you're new to town or just visiting, you'll feel right at home. This genuine hospitality extends to community events, local businesses, and even the way neighbors interact. Moving to Tennessee means becoming part of a warm, supportive community that values kindness and connection. It's truly a place where you can build lasting relationships.

Delicious Tennessee Eats

Foodies will fall in love with Tennessee's delicious local cuisine. From mouthwatering barbecue in Memphis to hot chicken in Nashville, the state offers a variety of culinary delights. Don't forget the homemade biscuits, sweet tea, and farm-to-table dining experiences. The food scene here is a blend of traditional Southern flavors and innovative dishes, making every meal something to savor. Moving to Tennessee means you'll always have access to amazing restaurants, food festivals, and local markets.

Unique Tennessee Events

Tennessee is known for its unique cultural festivals that celebrate the state’s rich heritage and diverse communities. Whether it's the Bonnaroo Music and Arts Festival, the National Cornbread Festival, or the Tennessee Craft Fair, there's always something happening. These events bring together locals and visitors for fun, food, music, and more. Tennessee is a place where culture and community are always coming together in celebration.

Top 15 Cities for real estate in Tennessee

Learn More on the Xome Blog

Visit the Blog