Anderson County, Tennessee Housing Market Prices
Anderson County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 18% below the Tennessee median$210,366
-
Median rent 13% below the Tennessee median More expensive than 82% of counties in Tennessee$1,031
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Anderson County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $210,366 | $255,786 | $248,835 |
| Price Trend (Annual %) | 15.0% | 9.9% | 7.5% |
| Median Gross Rent | $1,031 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Anderson County is about 18% lower than in Tennessee. Rent is about 13% lower than the Tennessee average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Anderson County, up about 15.0% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Anderson County rose about 50.6% between 2015 and 2024, from $685 to $1,031. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Anderson County.
Buying the median-priced home in Anderson County costs roughly 17.0 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Anderson County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Anderson County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $210,366 | $255,786 | $248,835 |
| Median Household Income | $67,394 | $69,901 | $80,455 |
| Price-to-Income Ratio | 3.1 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Anderson County rose about 169.7%, while median household income rose about 44.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Anderson County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.5% | 60.1% | 58.5% |
| Rental Rate | 25.8% | 29.7% | 31.2% |
| Vacancy Rate | 8.7% | 10.2% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Anderson County has a homeownership rate of 65.5%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 8.7%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Anderson County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1984 | 1986 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Anderson County was built around 1984. On average, 2.4 people live in a home with about 5.8 rooms, staying for about 15.0 years on average.
Anderson County, TN Housing Compared With Nearby Counties
Anderson County, TN is the 2nd largest of the 5 counties compared here, 79,153 residents against a local median of 56,887. The measure that sets Anderson County, TN apart most is median home price: $210,366, 16% above the local median of $181,273.
The counties themselves spread $197,259 on median home price, so Anderson County, TN sits at one end of an already wide local range rather than apart from it. Anderson County, TN has the 3rd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Anderson County, TN | 79,153 | $210,366 #3/5 | $1,031 #3/5 | 71.7% #3/5 |
| Campbell County, TN | 39,761 | $219,444 | $716 | 69.2% |
| Knox County, TN | 494,148 | $263,740 | $1,261 | 65.2% |
| Loudon County, TN | 58,580 | $143,103 | $1,062 | 80.3% |
| Roane County, TN | 55,193 | $66,481 | $784 | 78.1% |
Frequently Asked Questions
Common questions about the housing market in Anderson County, Tennessee.
What is the median home price in Anderson County, Tennessee?
The median home price in Anderson County, Tennessee is $210,366, lower than the Tennessee average of $255,786.
What is the average home price in Anderson County, Tennessee?
The typical home price in Anderson County, Tennessee, reported as the median sale price, is $210,366. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Anderson County, Tennessee?
The median gross rent in Anderson County, Tennessee is $1,031 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Anderson County in 2020?
In 2020, the median gross rent in Anderson County, Tennessee was $787 per month.
What is the price-to-rent ratio in Anderson County, Tennessee?
The price-to-rent ratio in Anderson County, Tennessee is about 17.0, meaning it would take roughly 17.0 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Anderson County.
Are home prices or rent rising faster in Anderson County, Tennessee?
Both home prices and rent are rising in Anderson County, up about 15.0% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Anderson County, Tennessee?
65.5% of households in Anderson County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Anderson County, Tennessee?
The housing vacancy rate in Anderson County, Tennessee is 8.7%, lower than the Tennessee average of 10.2%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →