Market Overview
Home Prices in Gallatin, TN
The median home value in Gallatin, TN is $439,440 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gallatin are priced7% above average. Gallatin is part of the Nashville-Davidson--Murfreesboro--Franklin, TN metro area.
Over the past five years, Gallatin home values have risen by approximately25.1%, reflecting strong long-term appreciation in this market.
Price History
Gallatin Home Price Trend
City Comparison
Gallatin vs. National Median
At $439,440, homes in Gallatin cost 7% above the national median of $410,000. Buyers in Gallatin should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Gallatin?
20% Down Payment
$87,888
on $439,440
Monthly P&I
$2,292/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,911/mo
incl. taxes & insurance
Income Needed
$116,440
gross annual (30% rule)
10% Down Option
$43,944
+ PMI applies
Loan Amount (20% dn)
$351,552
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 Gallatin, TN?
The median home value in Gallatin is $439,440 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Gallatin?
Over the past year, home values in Gallatin have increased by 0.6%. Over five years, prices have risen approximately 25.1%.
How much do I need to earn to buy a home in Gallatin?
To comfortably afford the median home price of $439,440 with a 20% down payment ($87,888) at today's rates (6.8%), you'd need a gross annual income of approximately $116,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Gallatin compare to the national average home price?
The national median home value is approximately $410,000. At $439,440, homes in Gallatin are 7% above the national average.
What metro area is Gallatin part of?
Gallatin is part of the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.