Warren County, Tennessee Housing Market Prices
Warren 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 16% below the Tennessee median$214,873
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Median rent 30% below the Tennessee median$827
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Warren County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $214,873 | $255,786 | $248,835 |
| Price Trend (Annual %) | 12.5% | 9.9% | 7.5% |
| Median Gross Rent | $827 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Warren County is about 16% 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 Warren County, up about 12.5% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Warren County rose about 42.4% between 2015 and 2024, from $581 to $827. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 3.9 yearly household incomes in Warren County.
Buying the median-priced home in Warren County costs roughly 21.6 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 Warren County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Warren County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $214,873 | $255,786 | $248,835 |
| Median Household Income | $55,751 | $69,901 | $80,455 |
| Price-to-Income Ratio | 3.9 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Warren County rose about 225.0%, while median household income rose about 55.4% 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 | Warren County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.3% | 60.1% | 58.5% |
| Rental Rate | 24.1% | 29.7% | 31.2% |
| Vacancy Rate | 12.6% | 10.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Warren County has a homeownership rate of 63.3%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 12.6%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Warren County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.56 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1980 | 1986 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Warren County was built around 1980. On average, 2.6 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Warren County, TN Housing Compared With Nearby Counties
How Warren County, TN compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Warren County, TN | 42,165 | $214,873 #2/2 | $827 #2/2 | 72.4% #1/2 |
| Coffee County, TN | 59,710 | $487,999 | $913 | 69.0% |
Frequently Asked Questions
Common questions about the housing market in Warren County, Tennessee.
What is the median home price in Warren County, Tennessee?
The median home price in Warren County, Tennessee is $214,873, lower than the Tennessee average of $255,786.
What is the average home price in Warren County, Tennessee?
The typical home price in Warren County, Tennessee, reported as the median sale price, is $214,873. 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 Warren County, Tennessee?
The median gross rent in Warren County, Tennessee is $827 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Warren County in 2020?
In 2020, the median gross rent in Warren County, Tennessee was $650 per month.
What is the price-to-rent ratio in Warren County, Tennessee?
The price-to-rent ratio in Warren County, Tennessee is about 21.6, meaning it would take roughly 21.6 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 Warren County.
Are home prices or rent rising faster in Warren County, Tennessee?
Both home prices and rent are rising in Warren County, up about 12.5% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Warren County, Tennessee?
63.3% of households in Warren County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Warren County, Tennessee?
The housing vacancy rate in Warren County, Tennessee is 12.6%, higher than the Tennessee average of 10.2%.
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