Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$268,759+1.1% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 31% have cut their price
Income needed to buy, per year$58,261About 0.8× the local median income ($76,717): affordable for a typical household
Days on market67 daysSlower than a year ago: buyers have time to negotiate
Next 12 months−0.1%Zillow expects prices to stay about flat
The typical home in Tipton County, TN is worth $268,759, up 1.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $228,439, so the area is 17.7% overvalued. It is a buyer's market: homes take about 67 days to sell, listings are up 17% from a year ago, 31% of listings have had a price cut. Zillow expects prices to fall about 0.1% over the next year. A household needs about $58,261 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 $76,717. Typical rent is $1,529 a month, or $1,754 for a house. In the latest IRS figures, 196 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
$268,759
Change in 1 year
+1.1%
Overvalued %
+17.7%
Show 7 more
Fair home value
$228,439
Change in 5 years
+27.5%
Zillow forecast, next 12 months
−0.1%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,457
Income needed to afford it
$58,261
Property tax rate
0.50%
Rent and investing
Typical rent
$1,529
Typical rent for houses
$1,754
Price-to-rent ratio
14.7×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,301
Gross rental yield
6.83%
Cap rate (estimate)
4.44%
Market activity
Listings vs a year ago
+17.1%
Days on market
67
Listings with a price cut
31.1%
Show 3 more
Homes for sale
192
Pending sales per 100 listings
34
Asking price per sq ft
$175
People and jobs
Median household income
$76,717
Population change (1 year)
−0.0%
Unemployment rate
5.5%
Show 4 more
Population
62,287
Income adjusted for cost of living
$83,207
Net moves in (IRS)
+196
Cost of living (US = 100)
92.2
Schools, risk and environment
School rating (1 to 10)
7.2
FEMA hazard risk score (0 to 100)
81.0
Flood risk score
53.9
Show 3 more
Wildfire risk score
32.0
Walkability (1 to 20)
4.8
Road, rail and air noise
52 dB
Questions people ask
Is Tipton County, TN overvalued?
Home prices in Tipton County, TN are well above what local incomes have historically supported: fair value is about $228,439, so the area is 17.7% overvalued.
Is Tipton County, TN a buyer's or seller's market?
Tipton County, TN is a buyer's market: homes take about 67 days to sell, listings are up 17% from a year ago, 31% of listings have had a price cut.
Are home prices going down in Tipton County, TN?
Home values in Tipton County, TN are up 1.1% over the last year. Zillow's forecast for the next 12 months is −0.1%.
How much do you need to earn to buy a home in Tipton County, TN?
A household needs about $58,261 a year to afford the typical home in Tipton County, TN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,717.