Highest Home Value in Tennessee

Top 100 cities ranked by highest home value

Highest Home Value - Tennessee

1 Brentwood $926,700
2 Nolensville $695,100
3 Franklin $646,300
4 Thompson's Station $598,200
5 Farragut $513,100
6 Tellico Village $484,900
7 Signal Mountain $482,300
8 Collierville $458,300
9 Spring Hill $452,400
10 Germantown $441,200
11 Mount Juliet $423,000
12 Hendersonville $396,500
13 Nashville-Davidson $383,100
14 Lakeland $373,800
15 Arlington $367,700
16 Murfreesboro $365,100
17 Pleasant View $362,700
18 Lebanon $359,300
19 Goodlettsville $355,000
20 Fairview $354,900
21 Green Hill $345,000
22 Gallatin $343,700
23 Collegedale $332,700
24 Smyrna $326,700
25 Fairfield Glade $321,300
26 White House $311,200
27 Maryville $310,600
28 Greenbrier $310,400
29 Oakland $297,300
31 Bartlett $283,700
32 Atoka $283,500
33 Millersville $280,800
34 Middle Valley $277,400
35 Halls $275,900
36 La Vergne $273,700
37 Powell $264,500
38 Sevierville $264,000
39 Cookeville $263,800
40 Dickson $263,100
41 Seymour $262,800
42 Columbia $261,700
43 Medina $261,400
44 Ashland City $259,900
45 Lynchburg $259,300
46 Chattanooga $259,200
47 Pigeon Forge $258,700
48 Portland $256,400
49 Harrison $254,600
50 Jonesborough $247,900
51 Red Bank $246,100
52 Cleveland $241,800
53 Soddy-Daisy $241,400
54 Johnson City $238,000
55 Clarksville $236,100
56 Springfield $235,200
57 Munford $234,600
58 Oak Ridge $233,500
59 Alcoa $232,300
60 Crossville $230,300
61 Tullahoma $228,800
62 Shelbyville $224,700
63 Loudon $220,900
64 Manchester $215,700
65 Lenoir City $214,300
66 Knoxville $214,000
67 Greeneville $210,700
68 Winchester $209,300
69 Jefferson City $205,000
70 Clinton $204,700
71 Kingston $204,200
72 Kingsport $203,000
73 Madisonville $202,600
74 Athens $197,300
75 South Cleveland $195,700
76 Jackson $195,000
77 Church Hill $192,600
78 Fayetteville $191,100
79 Lafayette $189,800
80 Lewisburg $183,400
81 Bristol $182,500
82 East Ridge $182,500
83 Mount Carmel $179,700
84 Martin $177,700
85 Lexington $173,200
86 Millington $172,800
87 Dyersburg $170,900
88 Eagleton Village $169,700
89 Pulaski $168,200
90 Sweetwater $166,000
91 Erwin $165,100
92 Covington $163,900
93 Savannah $163,100
94 Harriman $162,500
95 Elizabethton $159,700
96 Lawrenceburg $158,100
97 Memphis $157,100
98 Morristown $155,700
99 Smithville $153,500
100 Ripley $152,200

The most expensive housing markets in Tennessee reflect areas of high demand, limited supply, and strong local economies. Brentwood leads with a median home value of $926,700. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Brentwood costs $926,700 - 2.6x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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