Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$213,136+7.2% YoY · prices are rising fast
Market right nowBalanced marketFewer homes for sale than last year, 25% have cut their price
Income needed to buy, per year$46,204About 0.8× the local median income ($58,495): affordable for a typical household
Days on market78 daysSlower than a year ago: buyers have time to negotiate
The typical home in Henderson County, TN is worth $213,136, up 7.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $164,257, so the area is 29.8% overvalued. It is a balanced market: homes take about 78 days to sell, listings are down 2% from a year ago, 25% of listings have had a price cut. A household needs about $46,204 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 $58,495. In the latest IRS figures, 250 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
$213,136
Change in 1 year
+7.2%
Overvalued %
+29.8%
Show 6 more
Fair home value
$164,257
Change in 5 years
+33.7%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,155
Income needed to afford it
$46,204
Property tax rate
0.48%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$995
Market activity
Listings vs a year ago
−2.5%
Days on market
78
Listings with a price cut
24.6%
Show 3 more
Homes for sale
77
Pending sales per 100 listings
25
Asking price per sq ft
$169
People and jobs
Median household income
$58,495
Population change (1 year)
+1.0%
Unemployment rate
6.1%
Show 4 more
Population
28,518
Income adjusted for cost of living
$68,899
Net moves in (IRS)
+250
Cost of living (US = 100)
84.9
Schools, risk and environment
School rating (1 to 10)
7.3
FEMA hazard risk score (0 to 100)
63.1
Flood risk score
32.8
Show 3 more
Wildfire risk score
19.4
Walkability (1 to 20)
4.6
Road, rail and air noise
55 dB
Questions people ask
Is Henderson County, TN overvalued?
Home prices in Henderson County, TN are well above what local incomes have historically supported: fair value is about $164,257, so the area is 29.8% overvalued.
Is Henderson County, TN a buyer's or seller's market?
Henderson County, TN is a balanced market: homes take about 78 days to sell, listings are down 2% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Henderson County, TN?
Home values in Henderson County, TN are up 7.2% over the last year.
How much do you need to earn to buy a home in Henderson County, TN?
A household needs about $46,204 a year to afford the typical home in Henderson County, TN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,495.