Loudon County, Tennessee Housing Market Prices
Loudon 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 44% below the Tennessee median Cheaper than 70% of counties in Tennessee$143,103
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Median rent 11% below the Tennessee median More expensive than 84% of counties in Tennessee$1,062
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Loudon County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $143,103 | $255,786 | $248,835 |
| Price Trend (Annual %) | 6.0% | 9.9% | 7.5% |
| Median Gross Rent | $1,062 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Loudon County is about 44% lower than in Tennessee. Rent is about 11% 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 Loudon County, up about 6.0% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Loudon County rose about 49.2% between 2015 and 2024, from $712 to $1,062. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 1.7 yearly household incomes in Loudon County.
Buying the median-priced home in Loudon County costs roughly 11.2 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 Loudon County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Loudon County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $143,103 | $255,786 | $248,835 |
| Median Household Income | $84,040 | $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 Loudon County rose about 48.7%, while median household income rose about 53.0% 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 | Loudon County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 74.2% | 60.1% | 58.5% |
| Rental Rate | 18.2% | 29.7% | 31.2% |
| Vacancy Rate | 7.6% | 10.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Loudon County has a homeownership rate of 74.2%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 7.6%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Loudon County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1993 | 1986 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Loudon County was built around 1993. On average, 2.4 people live in a home with about 6.0 rooms, staying for about 16.0 years on average.
Loudon County, TN Housing Compared With Nearby Counties
Loudon County, TN is typical in size for this group, 58,580 residents against a local median of 67,173, so the measures below are close to a like for like comparison. The measure that sets Loudon County, TN apart most is median home price: $143,103, 20% below the local median of $178,307.
Median rent tells the same story from another angle: $1,062 against a local median of $917, 16% above it. The counties themselves spread $268,518 on median home price, so Loudon County, TN sits at one end of an already wide local range rather than apart from it. Loudon County, TN has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Loudon County, TN | 58,580 | $143,103 #4/5 | $1,062 #2/5 | 80.3% #1/5 |
| Roane County, TN | 55,193 | $66,481 | $784 | 78.1% |
| Blount County, TN | 139,333 | $334,999 | $1,090 | 77.0% |
| Anderson County, TN | 79,153 | $210,366 | $1,031 | 71.7% |
| McMinn County, TN | 54,884 | $146,249 | $803 | 75.8% |
Frequently Asked Questions
Common questions about the housing market in Loudon County, Tennessee.
What is the median home price in Loudon County, Tennessee?
The median home price in Loudon County, Tennessee is $143,103, lower than the Tennessee average of $255,786.
What is the average home price in Loudon County, Tennessee?
The typical home price in Loudon County, Tennessee, reported as the median sale price, is $143,103. 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 Loudon County, Tennessee?
The median gross rent in Loudon County, Tennessee is $1,062 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Loudon County in 2020?
In 2020, the median gross rent in Loudon County, Tennessee was $834 per month.
What is the price-to-rent ratio in Loudon County, Tennessee?
The price-to-rent ratio in Loudon County, Tennessee is about 11.2, meaning it would take roughly 11.2 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 Loudon County.
Are home prices or rent rising faster in Loudon County, Tennessee?
Both home prices and rent are rising in Loudon County, up about 6.0% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Loudon County, Tennessee?
74.2% of households in Loudon County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Loudon County, Tennessee?
The housing vacancy rate in Loudon County, Tennessee is 7.6%, lower than the Tennessee average of 10.2%.
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