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Baxter, TN

Full City Profile · Tennessee · Putnam County County

2.8 /5.0
C+ Fair
1,278 Population 406/sq mi density
$56,806 Median Income $30,883 per capita
$198,800 Home Value $295,208 Zillow
$850 Median Rent 29.8% income on rent
57°F Avg Temperature 298 sunny days/yr
264 Violent Crime/100K 2,510 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$56,806 median income, 0.9% unemployment
A+
Affordability
4.7 / 5.0
$198,800 home value, $850/mo rent
F
Safety
1.0 / 5.0
264 violent crimes/100K
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher

Housing Overview

Median Home Value
$198,800
29% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
66.2%
1% above US avg (65.4%)
Total Housing Units
770
Median year built: 1987

Home Value by Source

Census Median
$198,800
Zillow (ZHVI)
$295,208
Median Sale Price
$322,000
Median List Price
$274,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.2%
Owner-Occupied
33.8%
Renter-Occupied
66%
34%
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: $850/mo

Market Indicators (Redfin)

Median Days on Market
130 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
23.8%
of listings with price reduction
Price Per Sq Ft
$198
Active Inventory
21
homes for sale

Affordability & Housing Stock

Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
66.2%

Complete Housing Data

Home Values

Census Median Value$198,800
Zillow Home Value (ZHVI)$295,208
Median Sale Price$322,000
Median List Price$274,950
Price Per Sq Ft$198

Rent

Census Median Rent$850
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 Market130
Sale-to-List Ratio1.0%
Price Drops23.8%
Homes Sold6
Active Inventory21
Price Per Sq Ft$198

Ownership & Stock

Owner-Occupied66.2%
Renter-Occupied33.8%
Homeownership Rate66.2%
Total Housing Units770
Median Year Built1987
Rent Burden29.8%