Market Overview
Home Prices in Belvidere, TN
The median home value in Belvidere, TN is $311,659 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.2% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Belvidere are priced24% below average. Belvidere is part of the Tullahoma-Manchester, TN metro area.
Over the past five years, Belvidere home values have risen by approximately31.3%, reflecting strong long-term appreciation in this market.
Price History
Belvidere Home Price Trend
City Comparison
Belvidere vs. National Median
At $311,659, homes in Belvidere cost 24% below the national median of $410,000. This makes Belvidere a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Belvidere?
20% Down Payment
$62,332
on $311,659
Monthly P&I
$1,625/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,064/mo
incl. taxes & insurance
Income Needed
$82,560
gross annual (30% rule)
10% Down Option
$31,166
+ PMI applies
Loan Amount (20% dn)
$249,327
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 Belvidere, TN?
The median home value in Belvidere is $311,659 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.2% year-over-year.
How much have home prices changed in Belvidere?
Over the past year, home values in Belvidere have increased by 6.2%. Over five years, prices have risen approximately 31.3%.
How much do I need to earn to buy a home in Belvidere?
To comfortably afford the median home price of $311,659 with a 20% down payment ($62,332) at today's rates (6.8%), you'd need a gross annual income of approximately $82,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Belvidere compare to the national average home price?
The national median home value is approximately $410,000. At $311,659, homes in Belvidere are 24% below the national average.
What metro area is Belvidere part of?
Belvidere is part of the Tullahoma-Manchester, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.