Unlocking the door to affordable homeownership in Tennessee is now easier than ever! Discover the best towns where you can invest wisely.
Affordable Homes in Tennessee
Tennessee's real estate market is experiencing a significant shift, with several towns emerging as affordable havens for homebuyers and investors alike. The average home value in Tennessee's 25 most affordable towns is just over $107,000 as of 2025. This represents an impressive 84% increase since 2010, making these communities prime targets for those looking to invest in real estate in Tennessee.
Why Choose Tennessee?
Investing in affordable homes in Tennessee presents excellent opportunities for both first-time homebuyers and seasoned investors. Communities like Sharon, with a staggering 99.03% increase in home values, and Jellico, featuring an astonishing 172.53% growth, highlight the potential for significant returns on your investment. With an average five-year growth rate of 42%, these areas not only maintain affordability but also show a consistent trajectory of growth, making them viable options for housing.
Top Affordable Towns in Tennessee
Delving deeper, here are some towns perfect for your next real estate investment
1. Jacks Creek - With a 2025 home value of $128,762.69, this small town in Chester County is affordable and situated close to Jackson, offering a mix of rural tranquility and urban amenities.
2. Sharon - Home values have appreciated to $127,208.55, representing a 99.03% increase from 2010. Located near the University of Tennessee at Martin, this community combines education with rising home values.
3. Halls - Demonstrating strong growth, Halls's real estate prices have nearly doubled since 2010, with a current value of $126,825.01.
4. Rutherford - An impressive 89.96% increase since 2010 places Rutherford at a 2025 home value of $123,533.38.
5. Hollow Rock - Nestled in Carroll County, this town has seen values grow by 79.36%, reaching $121,709.44 today.
6. Ripley - An excellent option for affordable investments, Ripley's values have nearly doubled, showcasing a 97.08% increase since 2010 to a current $119,363.04.
7. Kenton - This town stands strong with a home value of $118,672.30, marking a 71.17% increase since 2010.
8. Jellico - Notably, Jellico boasts the highest growth rate at 172.53%, bringing home values to $116,809.37.
9. Graysville - If you're looking for metropolitan access at lower prices, your search ends here with values around $116,456.52.
10. Obion - With steady growth leading to a 2025 value of $116,408.55, Obion reflects a 82.69% increase since 2010.
Reasons for Growth in Tennessee
Several factors are contributing to the rising home values in Tennessee
- Employment Opportunities: The economic landscape in cities near the affordable towns keeps growing, driving demand for housing.
- Quality Lifestyle: Many of these towns offer a slower pace of life with scenic beauty and family-friendly communities.
- Access to Metropolitan Areas: Numerous towns are within close commuting distance to larger cities like Jackson, Chattanooga, and Knoxville, making them desirable for homebuyers who want to escape urban pressure.
Investing in Rising Home Values in Tennessee
Investors looking at real estate investment in Tennessee will find various options with homes priced below the state average. Here are a few more noteworthy towns
11. Trenton - Home values have risen to $111,730.48, illustrating a 70.03% increase since 2010.
12. Duff - Located in Campbell County, home values stand at $110,275.85 as of 2025.
13. Trimble - Your investment could start here at $110,195.68, providing access to Union City amenities.
14. Gates - This town shows a 76.82% growth trend, with current values at $109,865.64.
15. Saltillo - Waterfront properties available at $109,319.11 make Saltillo a hidden gem.
16. Trezevant - With a home value of $108,786.39, Trezevant also has shown strong recent growth.
17. Samburg - Lakefront living here starts at $108,238.21, proving both attractive and affordable.
18. Briceville - Nestled in the Appalachians, home prices are at $107,910.90, merging rural affordability with scenic views.
19. Maury City - Set at $106,181.24, it offers easy access to both rural and urban settings.
20. Enville - A great budget-friendly market at $104,681.72, Enville has continued to rise in value.
Conclusion: Your Next Move
Real estate investment in Tennessee represents an opportunity to purchase affordable homes in Tennessee that are not just cheaper but also thriving. The rising home values suggest that these communities will continue to appreciate, making them an attractive choice for both homebuyers and investors. With such staggering potential growth in towns like Jellico and Sharon, now might be the best time to explore your options in Tennessee’s lush, affordable landscape. Take a closer look; these towns could be the perfect match for your next home or investment!