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Gadsden, TN
Full City Profile · Tennessee · Madison County County
3.3
/5.0
B
Good
367
Population
328/sq mi density
$54,250
Median Income
$32,013 per capita
$117,900
Home Value
$201,675 Zillow
$769
Median Rent
18.7% income on rent
59°F
Avg Temperature
301 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$54,250 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$117,900 home value, $769/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher
Housing Overview
Median Home Value
$117,900
58% below
US avg: $281,900
Median Rent
$769/mo
34% below
US avg: $1,163/mo
Homeownership Rate
62.5%
4% below US avg (65.4%)
Total Housing Units
236
Median year built: 1969
Home Value by Source
Census Median
$117,900
Zillow (ZHVI)
$201,675
Median Sale Price
$149,900
Median List Price
$429,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.5%
Owner-Occupied
37.5%
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:
$769/mo
Market Indicators (Redfin)
Median Days on Market
80 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$150
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
18.7%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
62.5%
Complete Housing Data
Home Values
| Census Median Value | $117,900 |
| Zillow Home Value (ZHVI) | $201,675 |
| Median Sale Price | $149,900 |
| Median List Price | $429,900 |
| Price Per Sq Ft | $150 |
Rent
| Census Median Rent | $769 |
| 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 | 80 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 50.0% |
| Homes Sold | 3 |
| Active Inventory | 2 |
| Price Per Sq Ft | $150 |
Ownership & Stock
| Owner-Occupied | 62.5% |
| Renter-Occupied | 37.5% |
| Homeownership Rate | 62.5% |
| Total Housing Units | 236 |
| Median Year Built | 1969 |
| Rent Burden | 18.7% |