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Baneberry, TN

Full City Profile · Tennessee · Jefferson County County

3.7 /5.0
B+ Good
783 Population 440/sq mi density
$84,583 Median Income $47,801 per capita
$350,700 Home Value $458,807 Zillow
$1,063 Median Rent 18.8% income on rent
58°F Avg Temperature 305 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$84,583 median income, 4.9% unemployment
A
Affordability
4.3 / 5.0
$350,700 home value, $1,063/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.7 / 5.0
33.5% bachelor's degree or higher

Housing Overview

Median Home Value
$350,700
24% above
US avg: $281,900
Median Rent
$1,063/mo
9% below
US avg: $1,163/mo
Homeownership Rate
96.1%
47% above US avg (65.4%)
Total Housing Units
255
Median year built: 1993

Home Value by Source

Census Median
$350,700
Zillow (ZHVI)
$458,807
Median Sale Price
$271,300
Median List Price
$369,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.1%
Owner-Occupied
3.9%
Renter-Occupied
96%
4%
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: $1,063/mo

Market Indicators (Redfin)

Median Days on Market
162 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$127
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
96.1%

Complete Housing Data

Home Values

Census Median Value$350,700
Zillow Home Value (ZHVI)$458,807
Median Sale Price$271,300
Median List Price$369,900
Price Per Sq Ft$127

Rent

Census Median Rent$1,063
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 Market162
Sale-to-List Ratio0.0%
Price Drops33.3%
Homes Sold1
Active Inventory6
Price Per Sq Ft$127

Ownership & Stock

Owner-Occupied96.1%
Renter-Occupied3.9%
Homeownership Rate96.1%
Total Housing Units255
Median Year Built1993
Rent Burden18.8%