Market Overview
Home Prices in Deer Lodge, TN
The median home value in Deer Lodge, TN is $225,041 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and down 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Deer Lodge are priced45% below average. Deer Lodge is part of the Knoxville, TN metro area.
Over the past five years, Deer Lodge home values have risen by approximately22.8%, reflecting strong long-term appreciation in this market.
Price History
Deer Lodge Home Price Trend
City Comparison
Deer Lodge vs. National Median
At $225,041, homes in Deer Lodge cost 45% below the national median of $410,000. This makes Deer Lodge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Deer Lodge?
20% Down Payment
$45,008
on $225,041
Monthly P&I
$1,174/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,491/mo
incl. taxes & insurance
Income Needed
$59,640
gross annual (30% rule)
10% Down Option
$22,504
+ PMI applies
Loan Amount (20% dn)
$180,033
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 Deer Lodge, TN?
The median home value in Deer Lodge is $225,041 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Deer Lodge?
Over the past year, home values in Deer Lodge have decreased by 1.1%. Over five years, prices have risen approximately 22.8%.
How much do I need to earn to buy a home in Deer Lodge?
To comfortably afford the median home price of $225,041 with a 20% down payment ($45,008) at today's rates (6.8%), you'd need a gross annual income of approximately $59,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Deer Lodge compare to the national average home price?
The national median home value is approximately $410,000. At $225,041, homes in Deer Lodge are 45% below the national average.
What metro area is Deer Lodge part of?
Deer Lodge is part of the Knoxville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.