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Farragut, TN

Full City Profile · Tennessee · Loudon County County

3.9 /5.0
B+ Good
24,309 Population 1,521/sq mi density
$142,402 Median Income $71,093 per capita
$513,100 Home Value $677,796 Zillow
$1,691 Median Rent 22.1% income on rent
59°F Avg Temperature 301 sunny days/yr
397 Violent Crime/100K 4,990 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$142,402 median income, 1.6% unemployment
A+
Affordability
4.7 / 5.0
$513,100 home value, $1,691/mo rent
F
Safety
1.0 / 5.0
397 violent crimes/100K (5% above avg)
A+
Education
5.0 / 5.0
65.1% bachelor's degree or higher

Housing Overview

Median Home Value
$513,100
82% above
US avg: $281,900
Median Rent
$1,691/mo
45% above
US avg: $1,163/mo
Homeownership Rate
85.3%
30% above US avg (65.4%)
Total Housing Units
8,997
Median year built: 1992

Home Value by Source

Census Median
$513,100
Zillow (ZHVI)
$677,796
Median Sale Price
$635,000
Median List Price
$775,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.3%
Owner-Occupied
14.7%
Renter-Occupied
85%
15%
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: $1,691/mo · Zillow rent: $1,955/mo

Market Indicators (Redfin)

Median Days on Market
107 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
27
Price Drops
13.2%
of listings with price reduction
Price Per Sq Ft
$231
Active Inventory
121
homes for sale

Affordability & Housing Stock

Rent Burden
22.1%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
85.3%

Complete Housing Data

Home Values

Census Median Value$513,100
Zillow Home Value (ZHVI)$677,796
Median Sale Price$635,000
Median List Price$775,000
Price Per Sq Ft$231

Rent

Census Median Rent$1,691
Zillow Rent (ZORI)$1,955
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 Market107
Sale-to-List Ratio1.0%
Price Drops13.2%
Homes Sold27
Active Inventory121
Price Per Sq Ft$231

Ownership & Stock

Owner-Occupied85.3%
Renter-Occupied14.7%
Homeownership Rate85.3%
Total Housing Units8,997
Median Year Built1992
Rent Burden22.1%