Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$180,980+6.3% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 9% have cut their price
Income needed to buy, per year$39,233About 0.8× the local median income ($50,630): affordable for a typical household
Days on market87 daysSlower than a year ago: buyers have time to negotiate
The typical home in Wayne County, TN is worth $180,980, up 6.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $139,672, so the area is 29.6% overvalued. It is a balanced market, leaning toward sellers: homes take about 87 days to sell, listings are down 4% from a year ago, 9% of listings have had a price cut. A household needs about $39,233 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 $50,630. In the latest IRS figures, 137 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
$180,980
Change in 1 year
+6.3%
Overvalued %
+29.6%
Show 6 more
Fair home value
$139,672
Change in 5 years
+32.2%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$981
Income needed to afford it
$39,233
Property tax rate
0.49%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$995
Market activity
Listings vs a year ago
−3.8%
Days on market
87
Listings with a price cut
8.9%
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Homes for sale
51
Pending sales per 100 listings
16
Asking price per sq ft
$171
People and jobs
Median household income
$50,630
Population change (1 year)
+2.4%
Unemployment rate
3.4%
Show 4 more
Population
16,416
Income adjusted for cost of living
$59,635
Net moves in (IRS)
+137
Cost of living (US = 100)
84.9
Schools, risk and environment
School rating (1 to 10)
2.7
FEMA hazard risk score (0 to 100)
43.0
Flood risk score
47.7
Show 3 more
Wildfire risk score
12.2
Walkability (1 to 20)
4.3
Road, rail and air noise
53 dB
Questions people ask
Is Wayne County, TN overvalued?
Home prices in Wayne County, TN are well above what local incomes have historically supported: fair value is about $139,672, so the area is 29.6% overvalued.
Is Wayne County, TN a buyer's or seller's market?
Wayne County, TN is a balanced market, leaning toward sellers: homes take about 87 days to sell, listings are down 4% from a year ago, 9% of listings have had a price cut.
Are home prices going down in Wayne County, TN?
Home values in Wayne County, TN are up 6.3% over the last year.
How much do you need to earn to buy a home in Wayne County, TN?
A household needs about $39,233 a year to afford the typical home in Wayne County, TN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $50,630.