Market Overview
Home Prices in Leoma, TN
The median home value in Leoma, TN is $272,718 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Leoma are priced33% below average. Leoma is part of the Lawrenceburg, TN metro area.
Over the past five years, Leoma home values have risen by approximately30.9%, reflecting strong long-term appreciation in this market.
Price History
Leoma Home Price Trend
City Comparison
Leoma vs. National Median
At $272,718, homes in Leoma cost 33% below the national median of $410,000. This makes Leoma a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Leoma?
20% Down Payment
$54,544
on $272,718
Monthly P&I
$1,422/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,806/mo
incl. taxes & insurance
Income Needed
$72,240
gross annual (30% rule)
10% Down Option
$27,272
+ PMI applies
Loan Amount (20% dn)
$218,174
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 Leoma, TN?
The median home value in Leoma is $272,718 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Leoma?
Over the past year, home values in Leoma have increased by 5.9%. Over five years, prices have risen approximately 30.9%.
How much do I need to earn to buy a home in Leoma?
To comfortably afford the median home price of $272,718 with a 20% down payment ($54,544) at today's rates (6.8%), you'd need a gross annual income of approximately $72,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Leoma compare to the national average home price?
The national median home value is approximately $410,000. At $272,718, homes in Leoma are 33% below the national average.
What metro area is Leoma part of?
Leoma is part of the Lawrenceburg, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.