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Algood, TN
Full City Profile · Tennessee · Putnam County County
2.8
/5.0
C+
Fair
4,002
Population
978/sq mi density
$40,514
Median Income
$24,409 per capita
$179,400
Home Value
$271,294 Zillow
$822
Median Rent
33.1% income on rent
56°F
Avg Temperature
298 sunny days/yr
286
Violent Crime/100K
3,781 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$40,514 median income, 0.3% unemployment
A
Affordability
4.2 / 5.0
$179,400 home value, $822/mo rent
F
Safety
1.0 / 5.0
286 violent crimes/100K
B
Education
3.3 / 5.0
28.6% bachelor's degree or higher
Housing Overview
Median Home Value
$179,400
36% below
US avg: $281,900
Median Rent
$822/mo
29% below
US avg: $1,163/mo
Homeownership Rate
50.6%
23% below US avg (65.4%)
Total Housing Units
1,803
Median year built: 1992
Home Value by Source
Census Median
$179,400
Zillow (ZHVI)
$271,294
Median Sale Price
$330,000
Median List Price
$329,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.6%
Owner-Occupied
49.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$822/mo
Market Indicators (Redfin)
Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$204
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
33.1%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
50.6%
Complete Housing Data
Home Values
| Census Median Value | $179,400 |
| Zillow Home Value (ZHVI) | $271,294 |
| Median Sale Price | $330,000 |
| Median List Price | $329,900 |
| Price Per Sq Ft | $204 |
Rent
| Census Median Rent | $822 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 49 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.2% |
| Homes Sold | 3 |
| Active Inventory | 11 |
| Price Per Sq Ft | $204 |
Ownership & Stock
| Owner-Occupied | 50.6% |
| Renter-Occupied | 49.4% |
| Homeownership Rate | 50.6% |
| Total Housing Units | 1,803 |
| Median Year Built | 1992 |
| Rent Burden | 33.1% |