Market Overview
Home Prices in Pall Mall, TN
The median home value in Pall Mall, TN is $230,802 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and up 7.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pall Mall are priced44% below average.
Price History
Pall Mall Home Price Trend
2022
$202,697
$203K
—
2023
$191,080
$191K
-5.7%
2024
$201,897
$202K
+5.7%
2025
$217,124
$217K
+7.5%
2026
$230,802
$231K
+6.3%
City Comparison
Pall Mall vs. National Median
🏠 Pall Mall
$230,802
National Median
$410,000
At $230,802, homes in Pall Mall cost 44% below the national median of $410,000. This makes Pall Mall a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pall Mall?
20% Down Payment
$46,160
on $230,802
Monthly P&I
$1,204/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,529/mo
incl. taxes & insurance
Income Needed
$61,160
gross annual (30% rule)
10% Down Option
$23,080
+ PMI applies
Loan Amount (20% dn)
$184,642
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 Pall Mall, TN?
The median home value in Pall Mall is $230,802 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in Pall Mall?
Over the past year, home values in Pall Mall have increased by 6.3%.
How much do I need to earn to buy a home in Pall Mall?
To comfortably afford the median home price of $230,802 with a 20% down payment ($46,160) at today's rates (6.8%), you'd need a gross annual income of approximately $61,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Pall Mall compare to the national average home price?
The national median home value is approximately $410,000. At $230,802, homes in Pall Mall are 44% below the national average.