Giles County, Tennessee Housing Market Prices
Giles 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 59% below the Tennessee median Cheaper than 82% of counties in Tennessee$105,044
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Median rent 28% below the Tennessee median$861
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Giles County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $105,044 | $255,786 | $248,835 |
| Price Trend (Annual %) | 7.9% | 9.9% | 7.5% |
| Median Gross Rent | $861 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Giles County is about 59% lower than in Tennessee. Rent is about 28% 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 Giles County, up about 7.9% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Giles County rose about 42.8% between 2015 and 2024, from $603 to $861. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 1.7 yearly household incomes in Giles County.
Buying the median-priced home in Giles County costs roughly 10.2 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 Giles County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Giles County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $105,044 | $255,786 | $248,835 |
| Median Household Income | $62,093 | $69,901 | $80,455 |
| Price-to-Income Ratio | 1.7 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Giles County rose about 19.6%, while median household income rose about 50.2% 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 | Giles County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.2% | 60.1% | 58.5% |
| Rental Rate | 22.6% | 29.7% | 31.2% |
| Vacancy Rate | 15.2% | 10.2% | 10.2% |
| Median Tenure (years) | 19.0 | 14.0 | 15.0 |
| Median Year Moved In | 2007 | 2012 | 2011 |
Giles County has a homeownership rate of 62.2%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 15.2%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Giles County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.48 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1985 | 1986 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Giles County was built around 1985. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 19.0 years on average.
Giles County, TN Housing Compared With Nearby Counties
Giles County, TN is the smallest of the 6 counties compared here, 30,620 residents against a local median of 45,385. Giles County, TN's median home price, at $105,044, runs 50% below the $210,112 typical of the counties around it.
The counties themselves spread $234,967 on median home price, so Giles County, TN sits at one end of an already wide local range rather than apart from it. Giles County, TN has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Giles County, TN | 30,620 | $105,044 #5/6 | $861 #4/6 | 73.3% #5/6 |
| Lawrence County, TN | 45,385 | $104,427 | $763 | 77.6% |
| Marshall County, TN | 36,049 | $210,112 | $946 | 76.8% |
| Limestone County, AL | 111,233 | $339,394 | $970 | 77.6% |
| Maury County, TN | 107,806 | $197,300 | $1,300 | 70.9% |
| Lincoln County, TN | 35,946 | $259,155 | $856 | 75.8% |
Frequently Asked Questions
Common questions about the housing market in Giles County, Tennessee.
What is the median home price in Giles County, Tennessee?
The median home price in Giles County, Tennessee is $105,044, lower than the Tennessee average of $255,786.
What is the average home price in Giles County, Tennessee?
The typical home price in Giles County, Tennessee, reported as the median sale price, is $105,044. 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 Giles County, Tennessee?
The median gross rent in Giles County, Tennessee is $861 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Giles County in 2020?
In 2020, the median gross rent in Giles County, Tennessee was $678 per month.
What is the price-to-rent ratio in Giles County, Tennessee?
The price-to-rent ratio in Giles County, Tennessee is about 10.2, meaning it would take roughly 10.2 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 Giles County.
Are home prices or rent rising faster in Giles County, Tennessee?
Both home prices and rent are rising in Giles County, up about 7.9% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Giles County, Tennessee?
62.2% of households in Giles County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Giles County, Tennessee?
The housing vacancy rate in Giles County, Tennessee is 15.2%, higher than the Tennessee average of 10.2%.
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