Market Overview
Home Prices in Gleason, TN
The median home value in Gleason, TN is $165,457 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gleason are priced60% below average. Gleason is part of the Martin, TN metro area.
Over the past five years, Gleason home values have risen by approximately52.3%, reflecting strong long-term appreciation in this market.
Price History
Gleason Home Price Trend
City Comparison
Gleason vs. National Median
At $165,457, homes in Gleason cost 60% below the national median of $410,000. This makes Gleason a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gleason?
20% Down Payment
$33,091
on $165,457
Monthly P&I
$863/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,096/mo
incl. taxes & insurance
Income Needed
$43,840
gross annual (30% rule)
10% Down Option
$16,546
+ PMI applies
Loan Amount (20% dn)
$132,366
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 Gleason, TN?
The median home value in Gleason is $165,457 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Gleason?
Over the past year, home values in Gleason have increased by 5.1%. Over five years, prices have risen approximately 52.3%.
How much do I need to earn to buy a home in Gleason?
To comfortably afford the median home price of $165,457 with a 20% down payment ($33,091) at today's rates (6.8%), you'd need a gross annual income of approximately $43,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Gleason compare to the national average home price?
The national median home value is approximately $410,000. At $165,457, homes in Gleason are 60% below the national average.
What metro area is Gleason part of?
Gleason is part of the Martin, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.