Market Overview
Home Prices in Alamo, TN
The median home value in Alamo, TN is $191,378 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.4% compared to a year ago and up 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alamo are priced53% below average. Alamo is part of the Jackson, TN metro area.
Over the past five years, Alamo home values have risen by approximately41.7%, reflecting strong long-term appreciation in this market.
Price History
Alamo Home Price Trend
2020
$117,381
$117K
—
2021
$135,030
$135K
+15.0%
2022
$158,312
$158K
+17.2%
2023
$159,151
$159K
+0.5%
2024
$174,871
$175K
+9.9%
2025
$174,987
$175K
+0.1%
2026
$191,378
$191K
+9.4%
City Comparison
Alamo vs. National Median
🏠 Alamo
$191,378
National Median
$410,000
At $191,378, homes in Alamo cost 53% below the national median of $410,000. This makes Alamo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alamo?
20% Down Payment
$38,276
on $191,378
Monthly P&I
$998/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,267/mo
incl. taxes & insurance
Income Needed
$50,680
gross annual (30% rule)
10% Down Option
$19,138
+ PMI applies
Loan Amount (20% dn)
$153,102
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Alamo, TN?
The median home value in Alamo is $191,378 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.4% year-over-year.
How much have home prices changed in Alamo?
Over the past year, home values in Alamo have increased by 9.4%. Over five years, prices have risen approximately 41.7%.
How much do I need to earn to buy a home in Alamo?
To comfortably afford the median home price of $191,378 with a 20% down payment ($38,276) at today's rates (6.8%), you'd need a gross annual income of approximately $50,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Alamo compare to the national average home price?
The national median home value is approximately $410,000. At $191,378, homes in Alamo are 53% below the national average.
What metro area is Alamo part of?
Alamo is part of the Jackson, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.