Market Overview
Home Prices in Ardmore, TN
The median home value in Ardmore, TN is $268,589 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ardmore are priced34% below average.
Over the past five years, Ardmore home values have risen by approximately31.4%, reflecting strong long-term appreciation in this market.
Price History
Ardmore Home Price Trend
2020
$175,462
$175K
—
2021
$204,348
$204K
+16.5%
2022
$247,831
$248K
+21.3%
2023
$252,299
$252K
+1.8%
2024
$260,332
$260K
+3.2%
2025
$259,591
$260K
-0.3%
2026
$268,589
$269K
+3.5%
City Comparison
Ardmore vs. National Median
🏠 Ardmore
$268,589
National Median
$410,000
At $268,589, homes in Ardmore cost 34% below the national median of $410,000. This makes Ardmore a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ardmore?
20% Down Payment
$53,718
on $268,589
Monthly P&I
$1,401/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,779/mo
incl. taxes & insurance
Income Needed
$71,160
gross annual (30% rule)
10% Down Option
$26,859
+ PMI applies
Loan Amount (20% dn)
$214,871
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 Ardmore, TN?
The median home value in Ardmore is $268,589 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Ardmore?
Over the past year, home values in Ardmore have increased by 3.5%. Over five years, prices have risen approximately 31.4%.
How much do I need to earn to buy a home in Ardmore?
To comfortably afford the median home price of $268,589 with a 20% down payment ($53,718) at today's rates (6.8%), you'd need a gross annual income of approximately $71,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Ardmore compare to the national average home price?
The national median home value is approximately $410,000. At $268,589, homes in Ardmore are 34% below the national average.