Market Overview
Home Prices in Altamont, TN
The median home value in Altamont, TN is $167,078 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Altamont are priced59% below average.
Price History
Altamont Home Price Trend
2022
$145,210
$145K
—
2023
$144,041
$144K
-0.8%
2024
$153,271
$153K
+6.4%
2025
$154,465
$154K
+0.8%
2026
$167,078
$167K
+8.2%
City Comparison
Altamont vs. National Median
🏠 Altamont
$167,078
National Median
$410,000
At $167,078, homes in Altamont cost 59% below the national median of $410,000. This makes Altamont a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Altamont?
20% Down Payment
$33,416
on $167,078
Monthly P&I
$871/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,106/mo
incl. taxes & insurance
Income Needed
$44,240
gross annual (30% rule)
10% Down Option
$16,708
+ PMI applies
Loan Amount (20% dn)
$133,662
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 Altamont, TN?
The median home value in Altamont is $167,078 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Altamont?
Over the past year, home values in Altamont have increased by 8.2%.
How much do I need to earn to buy a home in Altamont?
To comfortably afford the median home price of $167,078 with a 20% down payment ($33,416) at today's rates (6.8%), you'd need a gross annual income of approximately $44,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Altamont compare to the national average home price?
The national median home value is approximately $410,000. At $167,078, homes in Altamont are 59% below the national average.