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Find a HomeTennessee

Tennessee Real Estate

Explore Tennessee.

Local expertise. Real results. Connect with trusted agents and discover homes across the Volunteer State.

From the mountains to Music City, we know Tennessee.

A barn in the Tennessee hills
36,000+Active listings statewide, September 2026
10Local AgentsFind a Home roster, Sep 28, 2026
36,000+Active ListingsStatewide, September 2026
68Median days on marketStatewide, September 2026
-0.1%Year-over-year price change12 months to September 2026

Source: Realtor.com Economic Research, state-level data for September 2026. Market data is updated periodically and deemed reliable but not guaranteed.

About Tennessee real estate

One state. It behaves like four markets.

Tennessee runs from the Mississippi River in the west to the Smoky Mountains in the east. The real estate market here doesn't behave like one market. It behaves like four. Tap a market, or a numbered place on the map.

Tennessee: West, Middle, East and the southern countiesA map of Tennessee in its three grand divisions, with the Cumberland Plateau and the southern counties outlined, and eight numbered places to look. Map is approximate.WESTMIDDLEEASTPLATEAUSOUTHERN1Murfreesboro / Smyrna2Cool Springs / Franklin3East Nashville4North Knoxville5Signal Mountain / North Chattanooga6Gatlinburg / Pigeon Forge Cabin Belt7Memphis8Kentucky Lake / Tennessee River
Places to look (numbered)Tennessee RiverCumberland PlateauMap is approximate. Swipe to see the whole state.
Expert take

Our Tennessee team has been REALTORS® here since 2019. We know which Brentwood streets back up to the new high school's traffic, which Franklin builders are using which warranties, which Knoxville lakefronts hold value when the dam draws down, and which Gatlinburg cabins actually cash flow on Airbnb after the new permit rules. This is local knowledge you can't get from an out-of-state agent reading our market from a screen.

Where to look in Tennessee

Eight places to start. Find the ones that fit you.

Hand-picked by Find a Home Network partners on the ground.

What matters to you?

Matches come from each place's own description below.

1Middle Tennessee · Rutherford County

Murfreesboro / Smyrna

Fast-growth corridor and the affordable counterweight to Williamson County.

SuburbsNew construction
See live listings (opens in a new tab)
2Middle Tennessee · Williamson County

Cool Springs / Franklin

Corporate HQs nearby and walkable retail at the center of Williamson County.

SuburbsNew construction
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3Middle Tennessee · Davidson County

East Nashville (Edgefield)

The food and music scene that put Nashville on the cultural map.

Walkable cityHistoric homes
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4East Tennessee · Knox County

North Knoxville (Fourth & Gill, Old North)

Historic Victorian and craftsman stock at prices that no longer exist in comparable cities.

Walkable cityHistoric homes
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5East Tennessee · Hamilton County

Signal Mountain / North Chattanooga

Mountain views near downtown Chattanooga.

Mountain viewsBigger lots
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6East Tennessee · Sevier County

Gatlinburg / Pigeon Forge Cabin Belt

Short-term rental territory with strong income potential in tourist country.

Mountain viewsShort-term rental
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7West Tennessee · Shelby County

Memphis (East Memphis / Collierville / Germantown)

Where most move-up buyers land: established suburbs east of the city.

Walkable citySuburbsNew construction
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8West Tennessee · Henry County (Paris) & Benton County (Big Sandy)

Kentucky Lake / Tennessee River (Paris / Big Sandy)

Waterfront and lake homes, cabins and acreage on the Tennessee River.

Lake and riverLand and acreage
See live listings (opens in a new tab)

By the Numbers

Tennessee market snapshot: September 2026

$429,450Median listing price statewide (down 0.1% year over year)
68Median days on market
36,000+Active listings on market
-0.1%12-month price change
Active MLS feeds we cover

RealTracs, UCAR, ETAR, Greater Smoky Mountains · Brokerage: eXp Realty · TN License #262943

Why buy in Tennessee?
  • No state income tax
  • Three major MSAs (Nashville, Knoxville, Memphis) plus 12 secondary markets
  • Population growth #5 in the country (2024)
  • Average property tax effective rate: 0.66% (one of the lowest in the US)

Source: Realtor.com Economic Research, state-level data for September 2026. Market data is updated periodically and deemed reliable but not guaranteed.

What would you bring to closing?

$429,450
$0VA, 0% for eligible service members
$15,031FHA, 3.5% down
$21,473Conventional, 5% down
$85,890Conventional, 20%: the sweet spot to avoid PMI

Starts at the state median list price, $429,450. Down payment only; closing costs are extra. THDA's Great Choice Plus offers a forgivable loan of up to $6,000 or $10,000, or a repayable loan of up to 5% of the sales price (maximum $15,000). Source: THDA, thda.org/homebuyers/down-payment-assistance, accessed October 5, 2026.

Tennessee through experienced eyes

Find a Home Network Perspective

Authored by the Find a Home network.

What makes Tennessee different.

Tennessee runs on something most states don't have: real geographic variety inside three driveable hours.

Read more

From Franklin you can reach downtown Nashville or the Leiper's Fork pastures by car. From Knoxville you can be on a Smoky Mountain trail before lunch and home for dinner. From Chattanooga the rivers and ridges meet in a way that pulls runners and climbers and remote workers who used to live somewhere harder. No state income tax matters. The school districts in Williamson County matter more.

Current conditions.

Here is where Tennessee sits right now. Median listing price statewide is $429,450, down 0.1% year over year.

Read more

Homes take a median 68 days to sell, and there are 36,000+ active listings on the market. The state number hides the local truth: Williamson County still moves in under three weeks, and some Upper Cumberland counties take twice that.

The single biggest trend.

Out-of-state money has slowed but hasn't stopped. The wave of California and Illinois buyers who pushed prices in 2022-2023 is now a steadier trickle.

Read more

What's filling in behind them is in-state movement. Memphis to Nashville, Knoxville to the Tri-Cities, Middle Tennessee to the Smokies. The deals that close fastest in 2026 are the ones priced for the local buyer, not the relocation buyer.

Schools & Education

The districts buyers ask about

Local context from Find a Home Network partners.

Williamson County Schools

The Walnut Grove → Page Middle → Centennial High feeder pattern is what most Franklin buyers organize their search around. Buyers also ask about WCS funding and leadership.

District website (opens in a new tab)

Knox County Schools (West Knox cluster)

The West Knox cluster (Farragut, Hardin Valley, Bearden) serves the west side of Knox County. Magnet options like L&N STEM Academy enroll students from across the county.

District website (opens in a new tab)

Hamilton County Schools (Signal Mountain cluster)

Signal Mountain Middle/High is the anchor that pulls Chattanooga buyers up the mountain. CSAS (Chattanooga School for the Arts and Sciences) is the magnet pull.

District website (opens in a new tab)

Rutherford County Schools

Growing fast. Population growth in Murfreesboro has put pressure on capacity, with new schools opening regularly. Buyers often ask about the Blackman and Stewarts Creek high school zones.

District website (opens in a new tab)

Sevier County Schools

Smaller, tourism-economy district. Pi Beta Phi Elementary in Gatlinburg has a unique private-trust funding history that makes it the standout.

District website (opens in a new tab)

Things to Know

Local quirks that change how you should buy or sell in Tennessee.

For buyers from out of state

Out-of-state buyers underestimate Tennessee traffic. I-65 South after 3 PM, I-40 through downtown Nashville at any rush hour, and the Pigeon Forge parkway in summer are not commuter routes.

Build your search around your actual commute time, not Google Maps estimates that assume no traffic. Also: well water and septic systems are common outside city limits. They're fine. But inspections cost more and your lender will want recent service records.

For sellers

Tennessee contracts default to 'time is of the essence,' which means inspection and financing contingency dates are hard deadlines.

Sellers used to flexible coastal contracts get tripped up when a buyer's earnest money becomes non-refundable on day 11. Read the calendar carefully. Pricing custom in most TN markets: list slightly below the comp, expect multiple offers in the first weekend on anything moves-in-ready under $600K.

Taxes & cost of living

Tennessee has no state income tax. None on wages, none on most investment income (the Hall tax on interest and dividends was fully repealed in 2021).

Effective property tax rate averages 0.66% statewide, one of the lowest in the country. State sales tax is 7%, with local additions bringing combined sales tax to 9.25-9.75% in most counties. There's no estate tax. For high earners, the move from CA or NY pays for itself within 18 months.

Climate & weather

Summers run hot and humid June through September. 85°F+ days are normal, 95°F+ stretches happen. Winters are mild but punctuated by ice storms 2-4 times per year that shut everything down for 24-48 hours.

Tornado season (April-May, occasionally November) is real. Most Middle TN homes have basements or interior tornado shelters, and you should verify yours does. Snow accumulates 3-8 inches per year in Middle TN, more at elevation in the east.

Local closing customs

Closing customs vary by region. Middle TN closings typically happen at the title company office with both parties present. East TN often uses mail-aways. Inspection windows default to 10 days.

The 'as-is' offer is common on FSBO properties but unusual on agent-listed homes. Walk-throughs the day of closing are standard.

FAQ

Questions buyers and sellers ask us most

How much do I need for a down payment in Tennessee?

For conventional loans, 20% is the sweet spot to avoid PMI. On the state median of $429,450, that's $85,890. But TN buyers regularly close with 3-5% down via conventional, FHA (3.5% down), or VA (0% for eligible service members). THDA (Tennessee Housing Development Agency) runs first-time buyer programs with Great Choice Plus down payment assistance: a forgivable loan of up to $6,000 or $10,000, or a repayable loan of up to 5% of the sales price (maximum $15,000). Worth checking eligibility.

Source: THDA, thda.org/homebuyers/down-payment-assistance, accessed October 5, 2026.

What's the average property tax in Tennessee?

Effective rate averages 0.66% statewide, one of the lowest in the country. On a $429,450 home, that's about $2,834 per year. Williamson County runs slightly higher (around 0.73%); Shelby County (Memphis) runs higher still. There's no state income tax to offset this, but the overall tax burden in TN is among the lowest in the US.

Are short-term rentals legal in Tennessee?

It depends on the county and city. Gatlinburg, Pigeon Forge, and Sevier County are STR-friendly with established permit systems. Nashville (Davidson County) restricts non-owner-occupied STRs in residential zones. Strict enforcement. Memphis and Knoxville have ordinances that vary by neighborhood. If you're buying as an investment, verify the specific zoning and permit status before you offer.

What's the best time of year to buy a home in Tennessee?

Late summer through early fall (August-October) is historically the best window. Spring has the most inventory but also the most competition. Winter has the least competition but the least inventory. December and January closings happen at favorable terms more often than the rest of the year.

Do I need flood insurance in Tennessee?

FEMA flood zones in TN cluster around the Mississippi (West TN), the Cumberland and Tennessee Rivers, and creek floodplains throughout the state. Check the specific property's flood zone designation before assuming you don't need coverage. Most mortgage lenders require flood insurance when the home is in a high-risk flood zone (any zone starting with A or V, such as AE). Zone X is moderate to low risk, so coverage there is optional and usually costs less. Check the property's zone on FEMA's Flood Map Service Center.

Source: FEMA, fema.gov/flood-maps and floodsmart.gov, accessed October 5, 2026.

How long does it take to close on a home in Tennessee?

30-45 days is typical for a financed purchase. 14-21 days is achievable for a cash purchase. The bottleneck is usually appraisal and lender underwriting, not the title work. Tennessee title companies move quickly compared to most coastal states.

Can I buy a home in Tennessee without seeing it in person?

Yes, and many out-of-state buyers do. A trusted local REALTOR® running video walkthroughs, paired with a thorough inspection contingency, makes remote purchase manageable. Most TN agents are comfortable with this workflow now. The risk you can't manage remotely is the neighborhood feel at different times of day. Worth a quick visit before closing if at all possible.

Guidance That Moves You Forward