Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$395,014+1.9% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$85,631About 1.0× the local median income ($89,490): affordable for a typical household
Days on market66 daysFaster than a year ago: sellers have the edge
Next 12 months+0.2%Zillow expects prices to stay about flat
The typical home in Cheatham County, TN is worth $395,014, up 1.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $346,491, so the area is 14.0% overvalued. It is a buyer's market: homes take about 66 days to sell, listings are up 20% from a year ago, 26% of listings have had a price cut. Zillow expects prices to rise about 0.2% over the next year. A household needs about $85,631 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,490. Typical rent is $1,648 a month, or $2,159 for a house. In the latest IRS figures, 424 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$395,014
Change in 1 year
+1.9%
Overvalued %
+14.0%
Show 7 more
Fair home value
$346,491
Change in 5 years
+18.4%
Zillow forecast, next 12 months
+0.2%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$2,141
Income needed to afford it
$85,631
Property tax rate
0.47%
Rent and investing
Typical rent
$1,648
Typical rent for houses
$2,159
Price-to-rent ratio
20.0×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,798
Gross rental yield
5.01%
Cap rate (estimate)
3.25%
Market activity
Listings vs a year ago
+19.9%
Days on market
66
Listings with a price cut
26.0%
Show 3 more
Homes for sale
253
Pending sales per 100 listings
23
Asking price per sq ft
$238
People and jobs
Median household income
$89,490
Population change (1 year)
+0.4%
Unemployment rate
4.3%
Show 4 more
Population
42,778
Income adjusted for cost of living
$92,928
Net moves in (IRS)
+424
Cost of living (US = 100)
96.3
Schools, risk and environment
School rating (1 to 10)
6.5
FEMA hazard risk score (0 to 100)
46.3
Flood risk score
54.5
Show 3 more
Wildfire risk score
14.8
Walkability (1 to 20)
5.2
Road, rail and air noise
55 dB
Questions people ask
Is Cheatham County, TN overvalued?
Home prices in Cheatham County, TN are well above what local incomes have historically supported: fair value is about $346,491, so the area is 14.0% overvalued.
Is Cheatham County, TN a buyer's or seller's market?
Cheatham County, TN is a buyer's market: homes take about 66 days to sell, listings are up 20% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Cheatham County, TN?
Home values in Cheatham County, TN are up 1.9% over the last year. Zillow's forecast for the next 12 months is +0.2%.
How much do you need to earn to buy a home in Cheatham County, TN?
A household needs about $85,631 a year to afford the typical home in Cheatham County, TN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,490.