Market Overview
Home Prices in Obion, TN
The median home value in Obion, TN is $166,699 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and down 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Obion are priced59% below average. Obion is part of the Union City, TN metro area.
Over the past five years, Obion home values have risen by approximately31.6%, reflecting strong long-term appreciation in this market.
Price History
Obion Home Price Trend
City Comparison
Obion vs. National Median
At $166,699, homes in Obion cost 59% below the national median of $410,000. This makes Obion a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Obion?
20% Down Payment
$33,340
on $166,699
Monthly P&I
$869/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,104/mo
incl. taxes & insurance
Income Needed
$44,160
gross annual (30% rule)
10% Down Option
$16,670
+ PMI applies
Loan Amount (20% dn)
$133,359
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 Obion, TN?
The median home value in Obion is $166,699 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Obion?
Over the past year, home values in Obion have increased by 6.8%. Over five years, prices have risen approximately 31.6%.
How much do I need to earn to buy a home in Obion?
To comfortably afford the median home price of $166,699 with a 20% down payment ($33,340) at today's rates (6.8%), you'd need a gross annual income of approximately $44,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Obion compare to the national average home price?
The national median home value is approximately $410,000. At $166,699, homes in Obion are 59% below the national average.
What metro area is Obion part of?
Obion is part of the Union City, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.