Market Overview
Home Prices in Gadsden, TN
The median home value in Gadsden, TN is $219,200 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gadsden are priced47% below average. Gadsden is part of the Jackson, TN metro area.
Over the past five years, Gadsden home values have risen by approximately33.5%, reflecting strong long-term appreciation in this market.
Price History
Gadsden Home Price Trend
City Comparison
Gadsden vs. National Median
At $219,200, homes in Gadsden cost 47% below the national median of $410,000. This makes Gadsden a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gadsden?
20% Down Payment
$43,840
on $219,200
Monthly P&I
$1,143/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,452/mo
incl. taxes & insurance
Income Needed
$58,080
gross annual (30% rule)
10% Down Option
$21,920
+ PMI applies
Loan Amount (20% dn)
$175,360
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 Gadsden, TN?
The median home value in Gadsden is $219,200 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7% year-over-year.
How much have home prices changed in Gadsden?
Over the past year, home values in Gadsden have increased by 7%. Over five years, prices have risen approximately 33.5%.
How much do I need to earn to buy a home in Gadsden?
To comfortably afford the median home price of $219,200 with a 20% down payment ($43,840) at today's rates (6.8%), you'd need a gross annual income of approximately $58,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Gadsden compare to the national average home price?
The national median home value is approximately $410,000. At $219,200, homes in Gadsden are 47% below the national average.
What metro area is Gadsden part of?
Gadsden is part of the Jackson, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.