ZIPs in Tennessee with the Cheapest Homes

The Top 3

#1

38126 (Memphis, TN)

Median Home Value of $45,300

#2

38108 (Memphis, TN)

Median Home Value of $47,200

#3

38342 (Hollow Rock, TN)

Median Home Value of $52,100

About the Rankings

The Census Bureau has released the latest estimates from the American Community Survey data to estimate the median home value. We have crunched the numbers and the rankings are in. See the ZIPs in Tennessee with the lowest median home value below, and the highest median home value ZIPs. Only ZIP codes with a low margin of error are included.

For those that are looking for the benefits of home ownership without breaking the bank, the areas below may be for you. Since 2013, U.S. Google searches for "fixer upper" have increased more than 30 times, and an inexpensive home is the best place to start. Potential buyers beware though: be sure to check how the rankings have changed in recent years to make sure the local housing market isn't crashing.

The Tennessee median home value from the latest estimates is $167,500 and has risen 6.2% from $157,700.

This year saw several big changes. 38126 (Memphis, TN) rose from #2 to #1, 38108 (Memphis, TN) fell from #1 to #2, 38342 (Hollow Rock, TN) ranked for the first time, 38114 (Memphis, TN) rose from #6 to #5, and 38127 (Memphis, TN) rose from #7 to #6.

The Top 50

#1
38126 (Memphis, TN)
Previously #2 at $46,000
$45,300
#2
38108 (Memphis, TN)
Previously #1 at $45,700
$47,200
#3
38342 (Hollow Rock, TN)
Previously unranked at $53,900
$52,100
   #4
38106 (Memphis, TN)
Previously $50,900
$52,400
#5
38114 (Memphis, TN)
Previously #6 at $56,100
$54,800
#6
38127 (Memphis, TN)
Previously #7 at $59,200
$58,700
#7
38317 (Bruceton, TN)
Previously #15 at $69,100
$61,600
#8
38327 (Crump, TN)
Previously unranked at $72,700
$63,600
#9
37407 (Chattanooga, TN)
Previously #10 at $63,400
$64,300
#10
38109 (Memphis, TN)
Previously #11 at $66,500
$65,600
#11
38255 (Sharon, TN)
Previously #12 at $67,700
$67,100
#12
38240 (Obion, TN)
Previously #17 at $71,000
$69,500
#13
38122 (Memphis, TN)
Previously #16 at $70,600
$69,800
#14
38330 (Dyer, TN)
Previously #19 at $71,700
$70,000
#15
38118 (Memphis, TN)
Previously #18 at $71,700
$70,400
#16
38041 (Henning, TN)
Previously #8 at $59,300
$72,700
#17
38079 (Tiptonville, TN)
Previously #30 at $78,300
$75,800
#18
38315 (Bethel Springs, TN)
Previously #22 at $75,700
$76,300
#19
37387 (Tracy City, TN)
Previously #26 at $76,800
$76,900
#20
38220 (Atwood, TN)
Previously #24 at $76,700
$77,100
#21
38481 (Saint Joseph, TN)
Previously #29 at $78,200
$77,400
#22
38069 (Stanton, TN)
Previously #32 at $80,800
$78,400
   #23
38231 (Henry, TN)
Previously $76,100
$79,200
#24
37915 (Knoxville, TN)
Previously #35 at $81,500
$80,100
#25
38232 (Hornbeak, TN)
Previously #31 at $79,900
$80,400
#26
38128 (Memphis, TN)
Previously #34 at $81,200
$80,700
#27
37766 (La Follette, TN)
Previously #37 at $81,800
$81,600
#28
38107 (Memphis, TN)
Previously #43 at $83,900
$82,500
#29
38052 (Middleton, TN)
Previously #44 at $84,000
$82,700
#30
38341 (Holladay, TN)
Previously unranked at $89,500
$82,800
#31
38316 (Bradford, TN)
Previously #36 at $81,600
$83,000
#32
37869 (Sneedville, TN)
Previously #33 at $81,000
$83,400
#33
37339 (Gruetli Laager, TN)
Previously #38 at $82,100
$84,000
#34
38063 (Ripley, TN)
Previously #45 at $84,100
$84,400
#35
38301 (Jackson, TN)
Previously #40 at $82,800
$85,000
#36
37369 (Reliance, TN)
Previously unranked at $84,300
$85,200
#37
38310 (Adamsville, TN)
Previously #57 at $87,400
$85,500
#38
38363 (Parsons, TN)
Previously #52 at $86,000
$86,100
#39
38257 (South Fulton, TN)
Previously #56 at $87,300
$86,200
#40
38075 (Whiteville, TN)
Previously #54 at $86,700
$86,600
#41
37338 (Graysville, TN)
Previously unranked at $91,400
$87,100
#42
37829 (Oakdale, TN)
Previously #65 at $89,800
$87,200
#43
38374 (Scotts Hill, TN)
Previously #49 at $84,400
$87,600
#44
38115 (Memphis, TN)
Previously #58 at $87,400
$88,000
#45
38392 (Mercer, TN)
Previously unranked at $83,800
$88,400
#46
38388 (Wildersville, TN)
Previously unranked at $78,500
$88,800
#47
38008 (Bolivar, TN)
Previously #61 at $88,500
$89,000
#48
38034 (Friendship, TN)
Previously #71 at $91,300
$89,100
#49
38462 (Hohenwald, TN)
Previously #63 at $89,500
$90,200
#50
37818 (Mosheim, TN)
Previously #80 at $93,500
$90,900
* The maximum margin of error for ranking is $10,000

The Bottom 50

#1
37215 (Nashville, TN)
Previously #2 at $535,100
$571,100
#2
37350 (Lookout Mountain, TN)
Previously #1 at $559,200
$541,400
#3
37014 (Arrington, TN)
Previously #4 at $477,000
$534,100
#4
37027 (Brentwood, TN)
Previously #3 at $484,100
$511,700
#5
37212 (Nashville, TN)
Previously #6 at $457,800
$485,600
#6
37205 (Nashville, TN)
Previously #5 at $467,800
$485,400
#7
37204 (Nashville, TN)
Previously #10 at $382,400
$433,200
   #8
37069 (Franklin, TN)
Previously $396,900
$420,500
   #9
37067 (Franklin, TN)
Previously $387,200
$409,900
#10
37220 (Nashville, TN)
Previously #11 at $373,400
$403,700
#11
38139 (Germantown, TN)
Previously #12 at $369,800
$373,000
#12
37402 (Chattanooga, TN)
Previously #7 at $409,500
$363,600
#13
37135 (Nolensville, TN)
Previously #15 at $328,700
$362,400
#14
37064 (Franklin, TN)
Previously #13 at $342,300
$361,600
#15
37046 (College Grove, TN)
Previously #25 at $272,300
$345,900
   #16
37377 (Signal Mountain, TN)
Previously $308,400
$325,200
#17
38028 (Eads, TN)
Previously #14 at $332,900
$324,100
#18
38046 (La Grange, TN)
Previously #35 at $237,500
$320,000
#19
37403 (Chattanooga, TN)
Previously #22 at $276,600
$317,500
   #20
37219 (Nashville, TN)
Previously $290,600
$312,200
#21
37922 (Knoxville, TN)
Previously #17 at $298,400
$310,400
#22
37934 (Knoxville, TN)
Previously #18 at $297,100
$305,900
#23
37203 (Nashville, TN)
Previously #26 at $271,000
$298,500
#24
37902 (Knoxville, TN)
Previously #23 at $274,500
$293,100
#25
38120 (Memphis, TN)
Previously #19 at $294,400
$292,100
#26
38017 (Collierville, TN)
Previously #21 at $276,600
$285,300
#27
37919 (Knoxville, TN)
Previously #24 at $272,700
$277,800
#28
37201 (Nashville, TN)
Previously #32 at $242,300
$273,300
#29
37179 (Thompsons Station, TN)
Previously #31 at $244,900
$272,200
#30
37302 (Apison, TN)
Previously #27 at $268,300
$268,500
#31
37375 (Sewanee, TN)
Previously #33 at $239,200
$267,400
#32
37206 (Nashville, TN)
Previously #42 at $224,100
$267,200
#33
38138 (Germantown, TN)
Previously #28 at $260,800
$266,900
#34
37408 (Chattanooga, TN)
Previously #30 at $252,100
$263,200
#35
38476 (Primm Springs, TN)
Previously #29 at $253,800
$261,900
   #36
37122 (Mount Juliet, TN)
Previously $236,700
$250,100
   #37
37221 (Nashville, TN)
Previously $235,800
$248,600
#38
37209 (Nashville, TN)
Previously #48 at $218,600
$245,900
#39
37405 (Chattanooga, TN)
Previously #43 at $224,000
$238,800
#40
37118 (Milton, TN)
Previously #34 at $238,200
$238,100
#41
37010 (Adams, TN)
Previously #39 at $233,800
$236,500
#42
38103 (Memphis, TN)
Previously #38 at $234,000
$234,600
#43
37174 (Spring Hill, TN)
Previously #45 at $221,600
$234,500
#44
37075 (Hendersonville, TN)
Previously #47 at $219,800
$234,400
#45
37774 (Loudon, TN)
Previously #40 at $226,400
$229,400
#46
37016 (Auburntown, TN)
Previously #52 at $208,600
$229,300
#47
37772 (Lenoir City, TN)
Previously #51 at $212,200
$226,300
#48
37029 (Burns, TN)
Previously #50 at $215,000
$226,200
#49
37932 (Knoxville, TN)
Previously #46 at $220,400
$225,600
#50
38002 (Arlington, TN)
Previously #49 at $216,500
$221,700
* The maximum margin of error for ranking is $250,000


Data from the U.S. Census Bureau American Community Survey 5-year estimates for 2017.

Recent ZIP Searches