Market Overview
Home Prices in Farragut, TN
The median home value in Farragut, TN is $704,134 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Farragut are priced72% above average. Farragut is part of the Knoxville, TN metro area.
Over the past five years, Farragut home values have risen by approximately50.1%, reflecting strong long-term appreciation in this market.
Price History
Farragut Home Price Trend
City Comparison
Farragut vs. National Median
At $704,134, homes in Farragut cost 72% above the national median of $410,000. Buyers in Farragut should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Farragut?
20% Down Payment
$140,827
on $704,134
Monthly P&I
$3,672/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,663/mo
incl. taxes & insurance
Income Needed
$186,520
gross annual (30% rule)
10% Down Option
$70,413
+ PMI applies
Loan Amount (20% dn)
$563,307
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 Farragut, TN?
The median home value in Farragut is $704,134 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Farragut?
Over the past year, home values in Farragut have increased by 1.6%. Over five years, prices have risen approximately 50.1%.
How much do I need to earn to buy a home in Farragut?
To comfortably afford the median home price of $704,134 with a 20% down payment ($140,827) at today's rates (6.8%), you'd need a gross annual income of approximately $186,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Farragut compare to the national average home price?
The national median home value is approximately $410,000. At $704,134, homes in Farragut are 72% above the national average.
What metro area is Farragut part of?
Farragut is part of the Knoxville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.