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Gainesboro, TN

Full City Profile · Tennessee · Jackson County County

3.1 /5.0
B Good
1,086 Population 696/sq mi density
$45,313 Median Income $24,088 per capita
$148,500 Home Value $202,437 Zillow
$803 Median Rent 36.5% income on rent
57°F Avg Temperature 299 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$45,313 median income, 3.2% unemployment
A+
Affordability
4.8 / 5.0
$148,500 home value, $803/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.0 / 5.0
13.1% bachelor's degree or higher

Housing Overview

Median Home Value
$148,500
47% below
US avg: $281,900
Median Rent
$803/mo
31% below
US avg: $1,163/mo
Homeownership Rate
70.5%
8% above US avg (65.4%)
Total Housing Units
427
Median year built: 1966

Home Value by Source

Census Median
$148,500
Zillow (ZHVI)
$202,437
Median Sale Price
$318,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.5%
Owner-Occupied
29.5%
Renter-Occupied
71%
30%
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: $803/mo

Market Indicators (Redfin)

Median Days on Market
305 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
$134
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
36.5%
of renters spending 30%+ of income on housing
18% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
70.5%

Complete Housing Data

Home Values

Census Median Value$148,500
Zillow Home Value (ZHVI)$202,437
Median Sale Price$318,000
Price Per Sq Ft$134

Rent

Census Median Rent$803
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 Market305
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold3
Active Inventory2
Price Per Sq Ft$134

Ownership & Stock

Owner-Occupied70.5%
Renter-Occupied29.5%
Homeownership Rate70.5%
Total Housing Units427
Median Year Built1966
Rent Burden36.5%