Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$299,889+6.0% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$65,010About 1.1× the local median income ($61,354): a stretch for a typical household
Days on market88 daysSlower than a year ago: buyers have time to negotiate
The typical home in Meigs County, TN is worth $299,889, up 6.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $251,090, so the area is 19.4% overvalued. It is a buyer's market: homes take about 88 days to sell, listings are up 10% from a year ago, 26% of listings have had a price cut. A household needs about $65,010 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 $61,354. In the latest IRS figures, 397 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
$299,889
Change in 1 year
+6.0%
Overvalued %
+19.4%
Show 6 more
Fair home value
$251,090
Change in 5 years
+26.2%
Home value to income
4.9×
Monthly mortgage payment (20% down)
$1,625
Income needed to afford it
$65,010
Property tax rate
0.39%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,045
Market activity
Listings vs a year ago
+10.3%
Days on market
88
Listings with a price cut
26.4%
Show 3 more
Homes for sale
64
Pending sales per 100 listings
23
Asking price per sq ft
$244
People and jobs
Median household income
$61,354
Population change (1 year)
+1.4%
Unemployment rate
5.5%
Show 4 more
Population
14,186
Income adjusted for cost of living
$72,266
Net moves in (IRS)
+397
Cost of living (US = 100)
84.9
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
12.7
Flood risk score
21.3
Show 3 more
Wildfire risk score
32.3
Walkability (1 to 20)
4.6
Road, rail and air noise
55 dB
Questions people ask
Is Meigs County, TN overvalued?
Home prices in Meigs County, TN are well above what local incomes have historically supported: fair value is about $251,090, so the area is 19.4% overvalued.
Is Meigs County, TN a buyer's or seller's market?
Meigs County, TN is a buyer's market: homes take about 88 days to sell, listings are up 10% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Meigs County, TN?
Home values in Meigs County, TN are up 6.0% over the last year.
How much do you need to earn to buy a home in Meigs County, TN?
A household needs about $65,010 a year to afford the typical home in Meigs County, TN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,354.