US housing market report · June 2026

The state of the Tennessee housing market.

Median home value and city-by-city trends across Tennessee, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.

Tennessee median value

$274K

Zillow ZHVI, June 2026

Cities covered

11

with published pages

Report video

Monthly

per city, on each hub

12-month outlook · data through June 2026

Where are Tennessee home values headed?

Current typical value

$273,929

Zillow ZHVI median, June 2026

Past 12 months

+3.8%

change in the median

12 months out

$287,000

if the recent trend continues

Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.

Where values are climbing

Fastest appreciating Tennessee cities

  1. $366KUp2.3%
  2. $1.24MUp1.3%
  3. $385KUp0.6%
  4. $444KUp0.6%
  5. $521KUp0.3%
  6. $308KFlat0.0%
  7. $288KDown0.1%
  8. $436KDown0.4%
  9. $148KDown1.0%
  10. $338KDown1.4%

Where the market is cooling

Fastest cooling Tennessee cities

  1. $507KDown2.3%
  2. $338KDown1.4%
  3. $148KDown1.0%
  4. $436KDown0.4%
  5. $288KDown0.1%
  6. $308KFlat0.0%
  7. $521KUp0.3%
  8. $444KUp0.6%
  9. $385KUp0.6%
  10. $1.24MUp1.3%

Priciest markets in the state

Most expensive Tennessee cities by median value

  1. $1.24M
  2. $521K
  3. $507K
  4. $444K
  5. $436K
  6. $385K
  7. $366K
  8. $338K
  9. $308K
  10. $288K

Common questions

What people ask us.

Methodology & attribution

Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Tennessee, as of June 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Tennessee market index.