Market Overview
Home Prices in Farner, TN
The median home value in Farner, TN is $180,221 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and down 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Farner are priced56% below average. Farner is part of the Cleveland, TN metro area.
Price History
Farner Home Price Trend
2022
$187,424
$187K
—
2023
$173,378
$173K
-7.5%
2024
$188,098
$188K
+8.5%
2025
$175,826
$176K
-6.5%
2026
$180,221
$180K
+2.5%
City Comparison
Farner vs. National Median
🏠 Farner
$180,221
National Median
$410,000
At $180,221, homes in Farner cost 56% below the national median of $410,000. This makes Farner a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Farner?
20% Down Payment
$36,044
on $180,221
Monthly P&I
$940/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,194/mo
incl. taxes & insurance
Income Needed
$47,760
gross annual (30% rule)
10% Down Option
$18,022
+ PMI applies
Loan Amount (20% dn)
$144,177
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 Farner, TN?
The median home value in Farner is $180,221 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Farner?
Over the past year, home values in Farner have increased by 2.5%.
How much do I need to earn to buy a home in Farner?
To comfortably afford the median home price of $180,221 with a 20% down payment ($36,044) at today's rates (6.8%), you'd need a gross annual income of approximately $47,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Farner compare to the national average home price?
The national median home value is approximately $410,000. At $180,221, homes in Farner are 56% below the national average.
What metro area is Farner part of?
Farner is part of the Cleveland, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.