Market Overview
Home Prices in Olivehill, TN
The median home value in Olivehill, TN is $179,964 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.6% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Olivehill are priced56% below average.
Price History
Olivehill Home Price Trend
2022
$161,819
$162K
—
2023
$158,949
$159K
-1.8%
2024
$171,288
$171K
+7.8%
2025
$168,866
$169K
-1.4%
2026
$179,964
$180K
+6.6%
City Comparison
Olivehill vs. National Median
🏠 Olivehill
$179,964
National Median
$410,000
At $179,964, homes in Olivehill cost 56% below the national median of $410,000. This makes Olivehill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Olivehill?
20% Down Payment
$35,993
on $179,964
Monthly P&I
$939/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,193/mo
incl. taxes & insurance
Income Needed
$47,720
gross annual (30% rule)
10% Down Option
$17,996
+ PMI applies
Loan Amount (20% dn)
$143,971
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 Olivehill, TN?
The median home value in Olivehill is $179,964 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.6% year-over-year.
How much have home prices changed in Olivehill?
Over the past year, home values in Olivehill have increased by 6.6%.
How much do I need to earn to buy a home in Olivehill?
To comfortably afford the median home price of $179,964 with a 20% down payment ($35,993) at today's rates (6.8%), you'd need a gross annual income of approximately $47,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Olivehill compare to the national average home price?
The national median home value is approximately $410,000. At $179,964, homes in Olivehill are 56% below the national average.