Market Overview
Home Prices in Dowelltown, TN
The median home value in Dowelltown, TN is $282,055 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dowelltown are priced31% below average.
Over the past five years, Dowelltown home values have risen by approximately30.5%, reflecting strong long-term appreciation in this market.
Price History
Dowelltown Home Price Trend
2020
$178,628
$179K
—
2021
$216,068
$216K
+21.0%
2022
$264,290
$264K
+22.3%
2023
$252,168
$252K
-4.6%
2024
$274,074
$274K
+8.7%
2025
$270,213
$270K
-1.4%
2026
$282,055
$282K
+4.4%
City Comparison
Dowelltown vs. National Median
🏠 Dowelltown
$282,055
National Median
$410,000
At $282,055, homes in Dowelltown cost 31% below the national median of $410,000. This makes Dowelltown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dowelltown?
20% Down Payment
$56,411
on $282,055
Monthly P&I
$1,471/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,868/mo
incl. taxes & insurance
Income Needed
$74,720
gross annual (30% rule)
10% Down Option
$28,206
+ PMI applies
Loan Amount (20% dn)
$225,644
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 Dowelltown, TN?
The median home value in Dowelltown is $282,055 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Dowelltown?
Over the past year, home values in Dowelltown have increased by 4.4%. Over five years, prices have risen approximately 30.5%.
How much do I need to earn to buy a home in Dowelltown?
To comfortably afford the median home price of $282,055 with a 20% down payment ($56,411) at today's rates (6.8%), you'd need a gross annual income of approximately $74,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Dowelltown compare to the national average home price?
The national median home value is approximately $410,000. At $282,055, homes in Dowelltown are 31% below the national average.