Market Overview
Home Prices in Allons, TN
The median home value in Allons, TN is $262,730 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Allons are priced36% below average. Allons is part of the Cookeville, TN metro area.
Over the past five years, Allons home values have risen by approximately33.2%, reflecting strong long-term appreciation in this market.
Price History
Allons Home Price Trend
City Comparison
Allons vs. National Median
At $262,730, homes in Allons cost 36% below the national median of $410,000. This makes Allons a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Allons?
20% Down Payment
$52,546
on $262,730
Monthly P&I
$1,370/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,740/mo
incl. taxes & insurance
Income Needed
$69,600
gross annual (30% rule)
10% Down Option
$26,273
+ PMI applies
Loan Amount (20% dn)
$210,184
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 Allons, TN?
The median home value in Allons is $262,730 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Allons?
Over the past year, home values in Allons have increased by 4.3%. Over five years, prices have risen approximately 33.2%.
How much do I need to earn to buy a home in Allons?
To comfortably afford the median home price of $262,730 with a 20% down payment ($52,546) at today's rates (6.8%), you'd need a gross annual income of approximately $69,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Allons compare to the national average home price?
The national median home value is approximately $410,000. At $262,730, homes in Allons are 36% below the national average.
What metro area is Allons part of?
Allons is part of the Cookeville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.