Macon County, Tennessee Housing Market Prices
Macon 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 11% above the Tennessee median More expensive than 78% of counties in Tennessee$282,916
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Median rent 29% below the Tennessee median$846
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Macon County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $282,916 | $255,786 | $248,835 |
| Price Trend (Annual %) | 85.3% | 9.9% | 7.5% |
| Median Gross Rent | $846 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 5.8% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Macon County is about 11% higher than in Tennessee. Rent is about 29% 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 Macon County, up about 85.3% and 5.8% a year respectively. Home prices are changing faster.
Median rent in Macon County rose about 57.0% between 2015 and 2024, from $538 to $846. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 4.8 yearly household incomes in Macon County.
Buying the median-priced home in Macon County costs roughly 27.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Macon County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Macon County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $282,916 | $255,786 | $248,835 |
| Median Household Income | $58,828 | $69,901 | $80,455 |
| Price-to-Income Ratio | 4.8 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Macon County rose about 148.9%, while median household income rose about 67.4% 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 | Macon County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.1% | 60.1% | 58.5% |
| Rental Rate | 22.6% | 29.7% | 31.2% |
| Vacancy Rate | 14.3% | 10.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Macon County has a homeownership rate of 63.1%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 14.3%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Macon County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.76 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 Macon County was built around 1988. On average, 2.8 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Macon County, Tennessee.
What is the median home price in Macon County, Tennessee?
The median home price in Macon County, Tennessee is $282,916, higher than the Tennessee average of $255,786.
What is the average home price in Macon County, Tennessee?
The typical home price in Macon County, Tennessee, reported as the median sale price, is $282,916. 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 Macon County, Tennessee?
The median gross rent in Macon County, Tennessee is $846 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Macon County in 2020?
In 2020, the median gross rent in Macon County, Tennessee was $668 per month.
What is the price-to-rent ratio in Macon County, Tennessee?
The price-to-rent ratio in Macon County, Tennessee is about 27.9, meaning it would take roughly 27.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Macon County.
Are home prices or rent rising faster in Macon County, Tennessee?
Both home prices and rent are rising in Macon County, up about 85.3% and 5.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Macon County, Tennessee?
63.1% of households in Macon County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Macon County, Tennessee?
The housing vacancy rate in Macon County, Tennessee is 14.3%, higher than the Tennessee average of 10.2%.
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