Overton County, Tennessee Housing Market Prices
Overton 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 47% below the Tennessee median Cheaper than 74% of counties in Tennessee$136,818
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Median rent 30% below the Tennessee median$832
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Overton County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $136,818 | $255,786 | $248,835 |
| Price Trend (Annual %) | 15.0% | 9.9% | 7.5% |
| Median Gross Rent | $832 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 6.4% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Overton County is about 47% lower than in Tennessee. Rent is about 30% 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 Overton County, up about 15.0% and 6.4% a year respectively. Home prices are changing faster.
Median rent in Overton County rose about 51.1% between 2015 and 2024, from $551 to $832. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Overton County.
Buying the median-priced home in Overton County costs roughly 13.7 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 Overton County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Overton County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $136,818 | $255,786 | $248,835 |
| Median Household Income | $48,710 | $69,901 | $80,455 |
| Price-to-Income Ratio | 2.8 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Overton County rose about 140.5%, while median household income rose about 34.5% 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 | Overton County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.1% | 60.1% | 58.5% |
| Rental Rate | 20.1% | 29.7% | 31.2% |
| Vacancy Rate | 12.8% | 10.2% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Overton County has a homeownership rate of 67.1%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 12.8%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Overton County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.52 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1984 | 1986 | 1978 |
| Median Number of Rooms | 5.5 | 5.7 | 5.5 |
The typical housing unit in Overton County was built around 1984. On average, 2.5 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Overton County, TN Housing Compared With Nearby Counties
How Overton County, TN compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Overton County, TN | 23,065 | $136,818 #2/2 | $832 #2/2 | 76.9% #1/2 |
| Putnam County, TN | 82,558 | $218,410 | $908 | 61.2% |
Frequently Asked Questions
Common questions about the housing market in Overton County, Tennessee.
What is the median home price in Overton County, Tennessee?
The median home price in Overton County, Tennessee is $136,818, lower than the Tennessee average of $255,786.
What is the average home price in Overton County, Tennessee?
The typical home price in Overton County, Tennessee, reported as the median sale price, is $136,818. 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 Overton County, Tennessee?
The median gross rent in Overton County, Tennessee is $832 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Overton County in 2020?
In 2020, the median gross rent in Overton County, Tennessee was $555 per month.
What is the price-to-rent ratio in Overton County, Tennessee?
The price-to-rent ratio in Overton County, Tennessee is about 13.7, meaning it would take roughly 13.7 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 Overton County.
Are home prices or rent rising faster in Overton County, Tennessee?
Both home prices and rent are rising in Overton County, up about 15.0% and 6.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Overton County, Tennessee?
67.1% of households in Overton County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Overton County, Tennessee?
The housing vacancy rate in Overton County, Tennessee is 12.8%, higher than the Tennessee average of 10.2%.
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