Market Overview
Home Prices in Lutts, TN
The median home value in Lutts, TN is $220,253 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lutts are priced46% below average.
Price History
Lutts Home Price Trend
2022
$192,725
$193K
—
2023
$192,202
$192K
-0.3%
2024
$206,946
$207K
+7.7%
2025
$207,984
$208K
+0.5%
2026
$220,253
$220K
+5.9%
City Comparison
Lutts vs. National Median
🏠 Lutts
$220,253
National Median
$410,000
At $220,253, homes in Lutts cost 46% below the national median of $410,000. This makes Lutts a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lutts?
20% Down Payment
$44,051
on $220,253
Monthly P&I
$1,149/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,459/mo
incl. taxes & insurance
Income Needed
$58,360
gross annual (30% rule)
10% Down Option
$22,025
+ PMI applies
Loan Amount (20% dn)
$176,202
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 Lutts, TN?
The median home value in Lutts is $220,253 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 Lutts?
Over the past year, home values in Lutts have increased by 5.9%.
How much do I need to earn to buy a home in Lutts?
To comfortably afford the median home price of $220,253 with a 20% down payment ($44,051) at today's rates (6.8%), you'd need a gross annual income of approximately $58,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Lutts compare to the national average home price?
The national median home value is approximately $410,000. At $220,253, homes in Lutts are 46% below the national average.