Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$1,186,350
$2,018

Housing Market Overview

Metric Brentwood Tennessee Avg US Average
Median Home Price $1,186,350 $235,307 $242,182
Price Trend (Annual %) 15.6% 10.0% 8.2%
Median Gross Rent $2,018 $1,121 $1,342
Rent Trend (Annual %) 3.5% 5.3% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Brentwood
Tennessee
United States
Year Brentwood Tennessee United States
Median Rent Over Time
Brentwood
Tennessee
United States
Year Brentwood Tennessee United States

Affordability

On average, housing unit costs 6.7 yearly household incomes in Brentwood.

Metric Brentwood Tennessee Avg US Average
Median Home Price $1,186,350 $235,307 $242,182
Median Household Income $176,501 $67,486 $78,145
Price-to-Income Ratio 6.7 3.5 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Brentwood Tennessee Avg US Average
Homeownership Rate 81.2% 60.0% 58.2%
Rental Rate 14.6% 29.5% 31.3%
Vacancy Rate 4.2% 10.6% 10.6%
Median Tenure (years) 15.0 14.0 15.0
Median Year Moved In 2011 2012 2011

Housing Stock

Metric Brentwood Tennessee Avg US Average
Average Household Size 2.89 people 2.47 people 2.54 people
Median Structure Built Year 1997 1985 1978
Median Number of Rooms 8.6 5.7 5.5