Hickman County, Tennessee Housing Market Prices
Hickman 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 63% below the Tennessee median Cheaper than 86% of counties in Tennessee$94,027
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Median rent 25% below the Tennessee median$892
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hickman County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $94,027 | $255,786 | $248,835 |
| Price Trend (Annual %) | 10.5% | 9.9% | 7.5% |
| Median Gross Rent | $892 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hickman County is about 63% lower than in Tennessee. Rent is about 25% 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 Hickman County, up about 10.5% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Hickman County rose about 40.1% between 2015 and 2024, from $637 to $892. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in Hickman County.
Buying the median-priced home in Hickman County costs roughly 8.8 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 Hickman County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Hickman County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $94,027 | $255,786 | $248,835 |
| Median Household Income | $67,534 | $69,901 | $80,455 |
| Price-to-Income Ratio | 1.4 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hickman County fell about 54.5%, while median household income rose about 54.3% 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 | Hickman County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.8% | 60.1% | 58.5% |
| Rental Rate | 18.3% | 29.7% | 31.2% |
| Vacancy Rate | 11.9% | 10.2% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Hickman County has a homeownership rate of 69.8%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 11.9%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Hickman County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1988 | 1986 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Hickman County was built around 1988. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 15.0 years on average.
Hickman County, TN Housing Compared With Nearby Counties
Hickman County, TN is the 3rd largest of the 5 counties compared here, 25,436 residents against a local median of 37,598. Hickman County, TN's median home price, at $94,027, runs 46% below the $172,988 typical of the counties around it.
The counties themselves spread $265,931 on median home price, so Hickman County, TN sits at one end of an already wide local range rather than apart from it. Hickman County, TN has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hickman County, TN | 25,436 | $94,027 #4/5 | $892 #3/5 | 79.2% #2/5 |
| Dickson County, TN | 55,983 | $284,444 | $1,015 | 80.3% |
| Humphreys County, TN | 19,214 | $148,676 | $862 | 78.3% |
| Perry County, TN | 8,697 | $18,513 | $758 | 73.8% |
| Maury County, TN | 107,806 | $197,300 | $1,300 | 70.9% |
Frequently Asked Questions
Common questions about the housing market in Hickman County, Tennessee.
What is the median home price in Hickman County, Tennessee?
The median home price in Hickman County, Tennessee is $94,027, lower than the Tennessee average of $255,786.
What is the average home price in Hickman County, Tennessee?
The typical home price in Hickman County, Tennessee, reported as the median sale price, is $94,027. 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 Hickman County, Tennessee?
The median gross rent in Hickman County, Tennessee is $892 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Hickman County in 2020?
In 2020, the median gross rent in Hickman County, Tennessee was $732 per month.
What is the price-to-rent ratio in Hickman County, Tennessee?
The price-to-rent ratio in Hickman County, Tennessee is about 8.8, meaning it would take roughly 8.8 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 Hickman County.
Are home prices or rent rising faster in Hickman County, Tennessee?
Both home prices and rent are rising in Hickman County, up about 10.5% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hickman County, Tennessee?
69.8% of households in Hickman County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Hickman County, Tennessee?
The housing vacancy rate in Hickman County, Tennessee is 11.9%, higher than the Tennessee average of 10.2%.
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