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Piperton, TN

Full City Profile · Tennessee · Fayette County County

4.1 /5.0
A Great
2,457 Population 90/sq mi density
$125,982 Median Income $81,197 per capita
$550,200 Home Value $673,326 Zillow
$1,229 Median Rent 19.6% income on rent
61°F Avg Temperature 301 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.9 / 5.0
$125,982 median income, 2.4% unemployment
A
Affordability
4.2 / 5.0
$550,200 home value, $1,229/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.8 / 5.0
47.3% bachelor's degree or higher

Housing Overview

Median Home Value
$550,200
95% above
US avg: $281,900
Median Rent
$1,229/mo
6% above
US avg: $1,163/mo
Homeownership Rate
93.3%
43% above US avg (65.4%)
Total Housing Units
942
Median year built: 2001

Home Value by Source

Census Median
$550,200
Zillow (ZHVI)
$673,326
Median Sale Price
$837,500
Median List Price
$550,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

93.3%
Owner-Occupied
6.7%
Renter-Occupied
93%
7%
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: $1,229/mo

Market Indicators (Redfin)

Median Days on Market
118 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$229
Active Inventory
35
homes for sale

Affordability & Housing Stock

Rent Burden
19.6%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
2001
Average age of housing stock: 25 years
Homeownership Rate
93.3%

Complete Housing Data

Home Values

Census Median Value$550,200
Zillow Home Value (ZHVI)$673,326
Median Sale Price$837,500
Median List Price$550,000
Price Per Sq Ft$229

Rent

Census Median Rent$1,229
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 Market118
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold8
Active Inventory35
Price Per Sq Ft$229

Ownership & Stock

Owner-Occupied93.3%
Renter-Occupied6.7%
Homeownership Rate93.3%
Total Housing Units942
Median Year Built2001
Rent Burden19.6%