Humphreys County, Tennessee Housing Market Prices
Humphreys 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 42% below the Tennessee median$148,676
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Median rent 27% below the Tennessee median$862
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Humphreys County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $148,676 | $255,786 | $248,835 |
| Price Trend (Annual %) | 6.0% | 9.9% | 7.5% |
| Median Gross Rent | $862 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Humphreys County is about 42% lower than in Tennessee. Rent is about 27% 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 Humphreys County, up about 6.0% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Humphreys County rose about 34.8% between 2015 and 2024, from $639 to $862. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Humphreys County.
Buying the median-priced home in Humphreys County costs roughly 14.4 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 Humphreys County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Humphreys County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $148,676 | $255,786 | $248,835 |
| Median Household Income | $60,904 | $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 Humphreys County rose about 67.9%, while median household income rose about 31.0% 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 | Humphreys County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.8% | 60.1% | 58.5% |
| Rental Rate | 17.7% | 29.7% | 31.2% |
| Vacancy Rate | 18.6% | 10.2% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Humphreys County has a homeownership rate of 63.8%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 18.6%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Humphreys County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.60 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1981 | 1986 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Humphreys County was built around 1981. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 17.0 years on average.
Humphreys County, TN Housing Compared With Nearby Counties
Humphreys County, TN is typical in size for this group, 19,214 residents against a local median of 20,721, so the measures below are close to a like for like comparison. The measure that sets Humphreys County, TN apart most is median home price: $148,676, 87% above the local median of $79,363.
The counties themselves spread $265,931 on median home price, so Humphreys County, TN sits at one end of an already wide local range rather than apart from it. Humphreys County, TN has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Humphreys County, TN | 19,214 | $148,676 #2/5 | $862 #3/5 | 78.3% #3/5 |
| Benton County, TN | 16,006 | $64,700 | $768 | 75.1% |
| Hickman County, TN | 25,436 | $94,027 | $892 | 79.2% |
| Perry County, TN | 8,697 | $18,513 | $758 | 73.8% |
| Dickson County, TN | 55,983 | $284,444 | $1,015 | 80.3% |
Frequently Asked Questions
Common questions about the housing market in Humphreys County, Tennessee.
What is the median home price in Humphreys County, Tennessee?
The median home price in Humphreys County, Tennessee is $148,676, lower than the Tennessee average of $255,786.
What is the average home price in Humphreys County, Tennessee?
The typical home price in Humphreys County, Tennessee, reported as the median sale price, is $148,676. 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 Humphreys County, Tennessee?
The median gross rent in Humphreys County, Tennessee is $862 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Humphreys County in 2020?
In 2020, the median gross rent in Humphreys County, Tennessee was $692 per month.
What is the price-to-rent ratio in Humphreys County, Tennessee?
The price-to-rent ratio in Humphreys County, Tennessee is about 14.4, meaning it would take roughly 14.4 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 Humphreys County.
Are home prices or rent rising faster in Humphreys County, Tennessee?
Both home prices and rent are rising in Humphreys County, up about 6.0% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Humphreys County, Tennessee?
63.8% of households in Humphreys County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Humphreys County, Tennessee?
The housing vacancy rate in Humphreys County, Tennessee is 18.6%, higher than the Tennessee average of 10.2%.
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