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Walnut Hill, TN

Full City Profile · Tennessee · Sullivan County County

3.4 /5.0
B Good
2,480 Population 605/sq mi density
$65,074 Median Income $27,780 per capita
$172,500 Home Value $229,074 Zillow
54°F Avg Temperature 305 sunny days/yr
459 Violent Crime/100K 3,635 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$65,074 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$172,500 home value, /mo rent
F
Safety
1.0 / 5.0
459 violent crimes/100K (21% above avg)
B
Education
3.5 / 5.0
30.7% bachelor's degree or higher

Housing Overview

Median Home Value
$172,500
39% below
US avg: $281,900
Homeownership Rate
96.1%
47% above US avg (65.4%)
Total Housing Units
889
Median year built: 1974

Home Value by Source

Census Median
$172,500
Zillow (ZHVI)
$229,074
Median Sale Price
$176,500
Median List Price
$224,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.1%
Owner-Occupied
3.9%
Renter-Occupied
96%
4%
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

Market Indicators (Redfin)

Median Days on Market
31 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
30.0%
of listings with price reduction
Price Per Sq Ft
$216
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
21.9%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
96.1%

Complete Housing Data

Home Values

Census Median Value$172,500
Zillow Home Value (ZHVI)$229,074
Median Sale Price$176,500
Median List Price$224,900
Price Per Sq Ft$216

Rent

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 Market31
Sale-to-List Ratio0.9%
Price Drops30.0%
Homes Sold1
Active Inventory10
Price Per Sq Ft$216

Ownership & Stock

Owner-Occupied96.1%
Renter-Occupied3.9%
Homeownership Rate96.1%
Total Housing Units889
Median Year Built1974
Rent Burden21.9%