Market Overview
Home Prices in Nunnelly, TN
The median home value in Nunnelly, TN is $49,006 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.3% compared to a year ago and down 27.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Nunnelly are priced88% below average.
Price History
Nunnelly Home Price Trend
2024
$62,154
$62K
—
2025
$45,245
$45K
-27.2%
2026
$49,006
$49K
+8.3%
City Comparison
Nunnelly vs. National Median
🏠 Nunnelly
$49,006
National Median
$410,000
At $49,006, homes in Nunnelly cost 88% below the national median of $410,000. This makes Nunnelly a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Nunnelly?
20% Down Payment
$9,801
on $49,006
Monthly P&I
$256/mo
30-yr @ 6.8%
Total Monthly Est.
~$325/mo
incl. taxes & insurance
Income Needed
$13,000
gross annual (30% rule)
10% Down Option
$4,901
+ PMI applies
Loan Amount (20% dn)
$39,205
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 Nunnelly, TN?
The median home value in Nunnelly is $49,006 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.3% year-over-year.
How much have home prices changed in Nunnelly?
Over the past year, home values in Nunnelly have increased by 8.3%.
How much do I need to earn to buy a home in Nunnelly?
To comfortably afford the median home price of $49,006 with a 20% down payment ($9,801) at today's rates (6.8%), you'd need a gross annual income of approximately $13,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Nunnelly compare to the national average home price?
The national median home value is approximately $410,000. At $49,006, homes in Nunnelly are 88% below the national average.