Market Overview
Home Prices in Dresden, TN
The median home value in Dresden, TN is $190,530 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.6% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dresden are priced54% below average. Dresden is part of the Martin, TN metro area.
Over the past five years, Dresden home values have risen by approximately50.2%, reflecting strong long-term appreciation in this market.
Price History
Dresden Home Price Trend
City Comparison
Dresden vs. National Median
At $190,530, homes in Dresden cost 54% below the national median of $410,000. This makes Dresden a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dresden?
20% Down Payment
$38,106
on $190,530
Monthly P&I
$994/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,262/mo
incl. taxes & insurance
Income Needed
$50,480
gross annual (30% rule)
10% Down Option
$19,053
+ PMI applies
Loan Amount (20% dn)
$152,424
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 Dresden, TN?
The median home value in Dresden is $190,530 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.6% year-over-year.
How much have home prices changed in Dresden?
Over the past year, home values in Dresden have increased by 11.6%. Over five years, prices have risen approximately 50.2%.
How much do I need to earn to buy a home in Dresden?
To comfortably afford the median home price of $190,530 with a 20% down payment ($38,106) at today's rates (6.8%), you'd need a gross annual income of approximately $50,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Dresden compare to the national average home price?
The national median home value is approximately $410,000. At $190,530, homes in Dresden are 54% below the national average.
What metro area is Dresden part of?
Dresden is part of the Martin, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.