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Munford, TN

Full City Profile · Tennessee · Tipton County County

3.2 /5.0
B Good
6,459 Population 681/sq mi density
$86,492 Median Income $35,250 per capita
$234,600 Home Value $282,400 Zillow
$1,086 Median Rent 31.3% income on rent
61°F Avg Temperature 301 sunny days/yr
279 Violent Crime/100K 1,332 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$86,492 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$234,600 home value, $1,086/mo rent
F
Safety
1.0 / 5.0
279 violent crimes/100K
C+
Education
2.6 / 5.0
20.4% bachelor's degree or higher

Housing Overview

Median Home Value
$234,600
17% below
US avg: $281,900
Median Rent
$1,086/mo
7% below
US avg: $1,163/mo
Homeownership Rate
80.8%
24% above US avg (65.4%)
Total Housing Units
2,391
Median year built: 1993

Home Value by Source

Census Median
$234,600
Zillow (ZHVI)
$282,400
Median Sale Price
$330,000
Median List Price
$407,487
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.8%
Owner-Occupied
19.2%
Renter-Occupied
81%
19%
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: $1,086/mo · Zillow rent: $1,200/mo

Market Indicators (Redfin)

Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
26.9%
of listings with price reduction
Price Per Sq Ft
$169
Active Inventory
26
homes for sale

Affordability & Housing Stock

Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
80.8%

Complete Housing Data

Home Values

Census Median Value$234,600
Zillow Home Value (ZHVI)$282,400
Median Sale Price$330,000
Median List Price$407,487
Price Per Sq Ft$169

Rent

Census Median Rent$1,086
Zillow Rent (ZORI)$1,200
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 Market76
Sale-to-List Ratio1.0%
Price Drops26.9%
Homes Sold8
Active Inventory26
Price Per Sq Ft$169

Ownership & Stock

Owner-Occupied80.8%
Renter-Occupied19.2%
Homeownership Rate80.8%
Total Housing Units2,391
Median Year Built1993
Rent Burden31.3%