Market Overview
Home Prices in Denmark, TN
The median home value in Denmark, TN is $198,994 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.7% compared to a year ago and down 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Denmark are priced51% below average. Denmark is part of the Jackson, TN metro area.
Price History
Denmark Home Price Trend
2022
$198,262
$198K
—
2023
$198,995
$199K
+0.4%
2024
$194,815
$195K
-2.1%
2025
$183,079
$183K
-6.0%
2026
$198,994
$199K
+8.7%
City Comparison
Denmark vs. National Median
🏠 Denmark
$198,994
National Median
$410,000
At $198,994, homes in Denmark cost 51% below the national median of $410,000. This makes Denmark a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Denmark?
20% Down Payment
$39,799
on $198,994
Monthly P&I
$1,038/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,318/mo
incl. taxes & insurance
Income Needed
$52,720
gross annual (30% rule)
10% Down Option
$19,899
+ PMI applies
Loan Amount (20% dn)
$159,195
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 Denmark, TN?
The median home value in Denmark is $198,994 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.7% year-over-year.
How much have home prices changed in Denmark?
Over the past year, home values in Denmark have increased by 8.7%.
How much do I need to earn to buy a home in Denmark?
To comfortably afford the median home price of $198,994 with a 20% down payment ($39,799) at today's rates (6.8%), you'd need a gross annual income of approximately $52,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Denmark compare to the national average home price?
The national median home value is approximately $410,000. At $198,994, homes in Denmark are 51% below the national average.
What metro area is Denmark part of?
Denmark is part of the Jackson, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.