Fentress County, Tennessee Housing Market Prices
Fentress 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.
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Median home price 52% below the Tennessee median Cheaper than 76% of counties in Tennessee$123,957
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Median rent 40% below the Tennessee median Cheaper than 88% of counties in Tennessee$709
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Fentress County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $123,957 | $255,786 | $248,835 |
| Price Trend (Annual %) | 17.2% | 9.9% | 7.5% |
| Median Gross Rent | $709 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Fentress County is about 52% lower than in Tennessee. Rent is about 40% 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 Fentress County, up about 17.2% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Fentress County rose about 40.0% between 2015 and 2024, from $506 to $709. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Fentress County.
Buying the median-priced home in Fentress County costs roughly 14.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Fentress County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Fentress County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $123,957 | $255,786 | $248,835 |
| Median Household Income | $51,226 | $69,901 | $80,455 |
| Price-to-Income Ratio | 2.4 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Fentress County rose about 61.8%, while median household income rose about 66.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Fentress County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.8% | 60.1% | 58.5% |
| Rental Rate | 14.7% | 29.7% | 31.2% |
| Vacancy Rate | 15.4% | 10.2% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Fentress County has a homeownership rate of 69.8%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 15.4%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Fentress County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1987 | 1986 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Fentress County was built around 1987. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 17.0 years on average.
Fentress County, TN Housing Compared With Nearby Counties
Fentress County, TN is typical in size for this group, 19,309 residents against a local median of 22,110, so the measures below are close to a like for like comparison. Fentress County, TN sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median home price, 9% below the local median at $123,957 against $136,818. Fentress County, TN has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Fentress County, TN | 19,309 | $123,957 #3/4 | $709 #3/4 | 82.6% #2/4 |
| Overton County, TN | 23,065 | $136,818 | $832 | 76.9% |
| Morgan County, TN | 21,361 | $102,917 | $769 | 84.9% |
| Scott County, TN | 22,110 | $318,571 | $686 | 71.6% |
Frequently Asked Questions
Common questions about the housing market in Fentress County, Tennessee.
What is the median home price in Fentress County, Tennessee?
The median home price in Fentress County, Tennessee is $123,957, lower than the Tennessee average of $255,786.
What is the average home price in Fentress County, Tennessee?
The typical home price in Fentress County, Tennessee, reported as the median sale price, is $123,957. 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 Fentress County, Tennessee?
The median gross rent in Fentress County, Tennessee is $709 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Fentress County in 2020?
In 2020, the median gross rent in Fentress County, Tennessee was $528 per month.
What is the price-to-rent ratio in Fentress County, Tennessee?
The price-to-rent ratio in Fentress County, Tennessee is about 14.6, meaning it would take roughly 14.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Fentress County.
Are home prices or rent rising faster in Fentress County, Tennessee?
Both home prices and rent are rising in Fentress County, up about 17.2% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Fentress County, Tennessee?
69.8% of households in Fentress County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Fentress County, Tennessee?
The housing vacancy rate in Fentress County, Tennessee is 15.4%, higher than the Tennessee average of 10.2%.
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