Unicoi County, Tennessee Housing Market Prices
Unicoi 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 46% below the Tennessee median Cheaper than 72% of counties in Tennessee$137,500
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Median rent 37% below the Tennessee median Cheaper than 78% of counties in Tennessee$749
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Unicoi County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $137,500 | $255,786 | $248,835 |
| Price Trend (Annual %) | 43.9% | 9.9% | 7.5% |
| Median Gross Rent | $749 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 2.5% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Unicoi County is about 46% lower than in Tennessee. Rent is about 37% 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 Unicoi County, up about 43.9% and 2.5% a year respectively. Home prices are changing faster.
Median rent in Unicoi County rose about 24.4% between 2015 and 2024, from $602 to $749. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Unicoi County.
Buying the median-priced home in Unicoi County costs roughly 15.3 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Unicoi County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Unicoi County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $137,500 | $255,786 | $248,835 |
| Median Household Income | $52,731 | $69,901 | $80,455 |
| Price-to-Income Ratio | 2.6 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Unicoi County rose about 369.0%, while median household income rose about 39.9% 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 | Unicoi County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.9% | 60.1% | 58.5% |
| Rental Rate | 24.1% | 29.7% | 31.2% |
| Vacancy Rate | 10.9% | 10.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Unicoi County has a homeownership rate of 64.9%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 10.9%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Unicoi County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.22 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1976 | 1986 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Unicoi County was built around 1976. On average, 2.2 people live in a home with about 5.9 rooms, staying for about 16.0 years on average.
Unicoi County, TN Housing Compared With Nearby Counties
Unicoi County, TN is the 5th largest of the 6 counties compared here, 17,742 residents against a local median of 21,867. Unicoi County, TN's median home price, at $137,500, runs 51% below the $278,731 typical of the counties around it.
The counties themselves spread $336,250 on median home price, so Unicoi County, TN sits at one end of an already wide local range rather than apart from it. Unicoi County, TN has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Unicoi County, TN | 17,742 | $137,500 #5/6 | $749 #5/6 | 72.9% #5/6 |
| Washington County, TN | 136,261 | $114,705 | $1,005 | 64.5% |
| Yancey County, NC | 18,788 | $291,070 | $882 | 79.4% |
| Mitchell County, NC | 14,959 | $278,731 | $813 | 76.3% |
| Carter County, TN | 56,703 | $144,997 | $739 | 75.2% |
| Madison County, NC | 21,867 | $450,956 | $779 | 77.5% |
Frequently Asked Questions
Common questions about the housing market in Unicoi County, Tennessee.
What is the median home price in Unicoi County, Tennessee?
The median home price in Unicoi County, Tennessee is $137,500, lower than the Tennessee average of $255,786.
What is the average home price in Unicoi County, Tennessee?
The typical home price in Unicoi County, Tennessee, reported as the median sale price, is $137,500. 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 Unicoi County, Tennessee?
The median gross rent in Unicoi County, Tennessee is $749 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Unicoi County in 2020?
In 2020, the median gross rent in Unicoi County, Tennessee was $628 per month.
What is the price-to-rent ratio in Unicoi County, Tennessee?
The price-to-rent ratio in Unicoi County, Tennessee is about 15.3, meaning it would take roughly 15.3 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Unicoi County.
Are home prices or rent rising faster in Unicoi County, Tennessee?
Both home prices and rent are rising in Unicoi County, up about 43.9% and 2.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Unicoi County, Tennessee?
64.9% of households in Unicoi County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Unicoi County, Tennessee?
The housing vacancy rate in Unicoi County, Tennessee is 10.9%, higher than the Tennessee average of 10.2%.
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