Market Overview
Home Prices in Pegram, TN
The median home value in Pegram, TN is $450,107 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% 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 Pegram are priced10% above average. Pegram is part of the Nashville-Davidson--Murfreesboro--Franklin, TN metro area.
Over the past five years, Pegram home values have risen by approximately23.6%, reflecting strong long-term appreciation in this market.
Price History
Pegram Home Price Trend
City Comparison
Pegram vs. National Median
At $450,107, homes in Pegram cost 10% above the national median of $410,000. Buyers in Pegram should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Pegram?
20% Down Payment
$90,021
on $450,107
Monthly P&I
$2,347/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,981/mo
incl. taxes & insurance
Income Needed
$119,240
gross annual (30% rule)
10% Down Option
$45,011
+ PMI applies
Loan Amount (20% dn)
$360,086
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 Pegram, TN?
The median home value in Pegram is $450,107 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Pegram?
Over the past year, home values in Pegram have decreased by 0.2%. Over five years, prices have risen approximately 23.6%.
How much do I need to earn to buy a home in Pegram?
To comfortably afford the median home price of $450,107 with a 20% down payment ($90,021) at today's rates (6.8%), you'd need a gross annual income of approximately $119,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Pegram compare to the national average home price?
The national median home value is approximately $410,000. At $450,107, homes in Pegram are 10% above the national average.
What metro area is Pegram part of?
Pegram is part of the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.