Moore County, Tennessee Housing Market Prices
Moore 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 12% below the Tennessee median$225,000
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Median rent 29% below the Tennessee median$841
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Moore County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $255,786 | $248,835 |
| Price Trend (Annual %) | 30.3% | 9.9% | 7.5% |
| Median Gross Rent | $841 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Moore County is about 12% lower than in Tennessee. Rent is about 29% lower than the Tennessee average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Moore County, up about 30.3% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Moore County rose about 32.7% between 2015 and 2024, from $634 to $841. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Moore County.
Buying the median-priced home in Moore County costs roughly 22.3 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 Moore County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Moore County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $255,786 | $248,835 |
| Median Household Income | $66,938 | $69,901 | $80,455 |
| Price-to-Income Ratio | 3.4 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Moore County fell about 25.9%, while median household income rose about 44.2% 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 | Moore County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 74.9% | 60.1% | 58.5% |
| Rental Rate | 15.9% | 29.7% | 31.2% |
| Vacancy Rate | 9.2% | 10.2% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Moore County has a homeownership rate of 74.9%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 9.2%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Moore County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1987 | 1986 | 1978 |
| Median Number of Rooms | 6.1 | 5.7 | 5.5 |
The typical housing unit in Moore County was built around 1987. On average, 2.4 people live in a home with about 6.1 rooms, staying for about 17.0 years on average.
Moore County, TN Housing Compared With Nearby Counties
Moore County, TN is the smallest of the 6 counties compared here, 6,674 residents against a local median of 44,097. The measure that sets Moore County, TN apart most is median home price: $225,000, 26% below the local median of $303,922.
The counties themselves spread $277,887 on median home price, so Moore County, TN sits at one end of an already wide local range rather than apart from it. Moore County, TN has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Moore County, TN | 6,674 | $225,000 #5/6 | $841 #6/6 | 82.5% #1/6 |
| Bedford County, TN | 52,237 | $303,922 | $1,051 | 71.9% |
| Lincoln County, TN | 35,946 | $259,155 | $856 | 75.8% |
| Franklin County, TN | 44,097 | $361,888 | $893 | 77.4% |
| Coffee County, TN | 59,710 | $487,999 | $913 | 69.0% |
| Marshall County, TN | 36,049 | $210,112 | $946 | 76.8% |
Frequently Asked Questions
Common questions about the housing market in Moore County, Tennessee.
What is the median home price in Moore County, Tennessee?
The median home price in Moore County, Tennessee is $225,000, lower than the Tennessee average of $255,786.
What is the average home price in Moore County, Tennessee?
The typical home price in Moore County, Tennessee, reported as the median sale price, is $225,000. 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 Moore County, Tennessee?
The median gross rent in Moore County, Tennessee is $841 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Moore County in 2020?
In 2020, the median gross rent in Moore County, Tennessee was $646 per month.
What is the price-to-rent ratio in Moore County, Tennessee?
The price-to-rent ratio in Moore County, Tennessee is about 22.3, meaning it would take roughly 22.3 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 Moore County.
Are home prices or rent rising faster in Moore County, Tennessee?
Both home prices and rent are rising in Moore County, up about 30.3% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Moore County, Tennessee?
74.9% of households in Moore County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Moore County, Tennessee?
The housing vacancy rate in Moore County, Tennessee is 9.2%, lower than the Tennessee average of 10.2%.
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