Weakley County, Tennessee Housing Market Prices
Weakley 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.
-
Median home price 26% below the Tennessee median$188,671
-
Median rent 32% below the Tennessee median$803
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Weakley County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $188,671 | $255,786 | $248,835 |
| Price Trend (Annual %) | 18.4% | 9.9% | 7.5% |
| Median Gross Rent | $803 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Weakley County is about 26% lower than in Tennessee. Rent is about 32% 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 Weakley County, up about 18.4% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Weakley County rose about 43.1% between 2015 and 2024, from $561 to $803. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 3.6 yearly household incomes in Weakley County.
Buying the median-priced home in Weakley County costs roughly 19.6 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 Weakley County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Weakley County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $188,671 | $255,786 | $248,835 |
| Median Household Income | $52,590 | $69,901 | $80,455 |
| Price-to-Income Ratio | 3.6 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Weakley County rose about 135.8%, while median household income rose about 45.2% 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 | Weakley County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.9% | 60.1% | 58.5% |
| Rental Rate | 30.0% | 29.7% | 31.2% |
| Vacancy Rate | 11.1% | 10.2% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Weakley County has a homeownership rate of 58.9%, lower than the Tennessee average of 60.1%. Its housing vacancy rate is 11.1%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Weakley County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.30 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1977 | 1986 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Weakley County was built around 1977. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 15.0 years on average.
Weakley County, TN Housing Compared With Nearby Counties
Weakley County, TN is typical in size for this group, 33,016 residents against a local median of 32,412, so the measures below are close to a like for like comparison. Weakley County, TN sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median home price, 6% below the local median at $188,671 against $201,161. Weakley County, TN has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Weakley County, TN | 33,016 | $188,671 #3/4 | $803 #2/4 | 66.3% #4/4 |
| Gibson County, TN | 50,869 | $370,833 | $819 | 68.8% |
| Henry County, TN | 32,412 | $201,161 | $761 | 73.5% |
| Obion County, TN | 30,444 | $115,187 | $770 | 68.1% |
Frequently Asked Questions
Common questions about the housing market in Weakley County, Tennessee.
What is the median home price in Weakley County, Tennessee?
The median home price in Weakley County, Tennessee is $188,671, lower than the Tennessee average of $255,786.
What is the average home price in Weakley County, Tennessee?
The typical home price in Weakley County, Tennessee, reported as the median sale price, is $188,671. 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 Weakley County, Tennessee?
The median gross rent in Weakley County, Tennessee is $803 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Weakley County in 2020?
In 2020, the median gross rent in Weakley County, Tennessee was $629 per month.
What is the price-to-rent ratio in Weakley County, Tennessee?
The price-to-rent ratio in Weakley County, Tennessee is about 19.6, meaning it would take roughly 19.6 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 Weakley County.
Are home prices or rent rising faster in Weakley County, Tennessee?
Both home prices and rent are rising in Weakley County, up about 18.4% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Weakley County, Tennessee?
58.9% of households in Weakley County, Tennessee own their home, lower than the Tennessee average of 60.1%.
What is the vacancy rate in Weakley County, Tennessee?
The housing vacancy rate in Weakley County, Tennessee is 11.1%, higher than the Tennessee average of 10.2%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →