Market Overview
Home Prices in Luttrell, TN
The median home value in Luttrell, TN is $206,544 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.8% compared to a year ago and down 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Luttrell are priced50% below average. Luttrell is part of the Knoxville, TN metro area.
Price History
Luttrell Home Price Trend
2022
$176,962
$177K
—
2023
$189,929
$190K
+7.3%
2024
$209,401
$209K
+10.3%
2025
$204,814
$205K
-2.2%
2026
$206,544
$207K
+0.8%
City Comparison
Luttrell vs. National Median
🏠 Luttrell
$206,544
National Median
$410,000
At $206,544, homes in Luttrell cost 50% below the national median of $410,000. This makes Luttrell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Luttrell?
20% Down Payment
$41,309
on $206,544
Monthly P&I
$1,077/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,368/mo
incl. taxes & insurance
Income Needed
$54,720
gross annual (30% rule)
10% Down Option
$20,654
+ PMI applies
Loan Amount (20% dn)
$165,235
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 Luttrell, TN?
The median home value in Luttrell is $206,544 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.8% year-over-year.
How much have home prices changed in Luttrell?
Over the past year, home values in Luttrell have increased by 0.8%.
How much do I need to earn to buy a home in Luttrell?
To comfortably afford the median home price of $206,544 with a 20% down payment ($41,309) at today's rates (6.8%), you'd need a gross annual income of approximately $54,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Luttrell compare to the national average home price?
The national median home value is approximately $410,000. At $206,544, homes in Luttrell are 50% below the national average.
What metro area is Luttrell part of?
Luttrell is part of the Knoxville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.