Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$305,353+1.9% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 24% have cut their price
Income needed to buy, per year$66,194About 1.0× the local median income ($64,816): a stretch for a typical household
Days on market63 daysAbout the same pace as a year ago
Next 12 months+1.7%Zillow expects prices to rise slightly
The typical home in Washington County, TN is worth $305,353, up 1.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $262,331, so the area is 16.4% overvalued. It is a balanced market: homes take about 63 days to sell, listings are down 6% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 1.7% over the next year. A household needs about $66,194 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 $64,816. Typical rent is $1,536 a month, or $1,891 for a house. In the latest IRS figures, 1,475 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
$305,353
Change in 1 year
+1.9%
Overvalued %
+16.4%
Show 7 more
Fair home value
$262,331
Change in 5 years
+30.8%
Zillow forecast, next 12 months
+1.7%
Home value to income
4.7×
Monthly mortgage payment (20% down)
$1,655
Income needed to afford it
$66,194
Property tax rate
0.52%
Rent and investing
Typical rent
$1,536
Typical rent for houses
$1,891
Price-to-rent ratio
16.6×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,211
Gross rental yield
6.03%
Cap rate (estimate)
3.92%
Market activity
Listings vs a year ago
−5.7%
Days on market
63
Listings with a price cut
23.9%
Show 3 more
Homes for sale
463
Pending sales per 100 listings
35
Asking price per sq ft
$204
People and jobs
Median household income
$64,816
Population change (1 year)
+1.2%
Unemployment rate
4.7%
Show 4 more
Population
141,199
Income adjusted for cost of living
$73,738
Net moves in (IRS)
+1,475
Cost of living (US = 100)
87.9
Schools, risk and environment
School rating (1 to 10)
8.0
FEMA hazard risk score (0 to 100)
61.2
Flood risk score
71.1
Show 3 more
Wildfire risk score
42.8
Walkability (1 to 20)
6.1
Road, rail and air noise
53 dB
Questions people ask
Is Washington County, TN overvalued?
Home prices in Washington County, TN are well above what local incomes have historically supported: fair value is about $262,331, so the area is 16.4% overvalued.
Is Washington County, TN a buyer's or seller's market?
Washington County, TN is a balanced market: homes take about 63 days to sell, listings are down 6% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Washington County, TN?
Home values in Washington County, TN are up 1.9% over the last year. Zillow's forecast for the next 12 months is +1.7%.
How much do you need to earn to buy a home in Washington County, TN?
A household needs about $66,194 a year to afford the typical home in Washington County, TN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,816.