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📍 Centertown, TN · Zillow ZHVI · July 2026

Average Home Price in
Centertown, TN

McMinnville, TN metro area · Warren County County

Median Home Value
$224,945
↓ 0.1% year-over-year
vs. National Median
$410,000
Centertown is 45% below
Est. Monthly Payment
$1,173/mo
20% down · 6.8% rate
Income Needed
$60K
gross annual (30% rule)
Median Home Value
$224,945
↓ 0.1% year-over-year
Down Payment (20%)$44,989
Monthly P&I$1,173/mo
With Taxes & Ins.~$1,490/mo
Income Needed$59,600/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Centertown, TN

The median home value in Centertown, TN is $224,945 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and down 0.1% from two years prior.

Compared to the U.S. national median of $410,000, homes in Centertown are priced45% below average. Centertown is part of the McMinnville, TN metro area.

City Comparison

Centertown vs. National Median

🏠 Centertown
$224,945
National Median
$410,000

At $224,945, homes in Centertown cost 45% below the national median of $410,000. This makes Centertown a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Centertown?

20% Down Payment
$44,989
on $224,945
Monthly P&I
$1,173/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,490/mo
incl. taxes & insurance
Income Needed
$59,600
gross annual (30% rule)
10% Down Option
$22,495
+ PMI applies
Loan Amount (20% dn)
$179,956
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 Centertown, TN?
The median home value in Centertown is $224,945 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.1% year-over-year.
How much have home prices changed in Centertown?
Over the past year, home values in Centertown have decreased by 0.1%.
How much do I need to earn to buy a home in Centertown?
To comfortably afford the median home price of $224,945 with a 20% down payment ($44,989) at today's rates (6.8%), you'd need a gross annual income of approximately $59,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Centertown compare to the national average home price?
The national median home value is approximately $410,000. At $224,945, homes in Centertown are 45% below the national average.
What metro area is Centertown part of?
Centertown is part of the McMinnville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.