Market Overview
Home Prices in Lancing, TN
The median home value in Lancing, TN is $213,532 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and down 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lancing are priced48% below average. Lancing is part of the Knoxville, TN metro area.
Over the past five years, Lancing home values have risen by approximately25.2%, reflecting strong long-term appreciation in this market.
Price History
Lancing Home Price Trend
City Comparison
Lancing vs. National Median
At $213,532, homes in Lancing cost 48% below the national median of $410,000. This makes Lancing a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lancing?
20% Down Payment
$42,706
on $213,532
Monthly P&I
$1,114/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,415/mo
incl. taxes & insurance
Income Needed
$56,600
gross annual (30% rule)
10% Down Option
$21,353
+ PMI applies
Loan Amount (20% dn)
$170,826
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 Lancing, TN?
The median home value in Lancing is $213,532 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Lancing?
Over the past year, home values in Lancing have increased by 4.5%. Over five years, prices have risen approximately 25.2%.
How much do I need to earn to buy a home in Lancing?
To comfortably afford the median home price of $213,532 with a 20% down payment ($42,706) at today's rates (6.8%), you'd need a gross annual income of approximately $56,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Lancing compare to the national average home price?
The national median home value is approximately $410,000. At $213,532, homes in Lancing are 48% below the national average.
What metro area is Lancing part of?
Lancing is part of the Knoxville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.