Market Overview
Home Prices in Pikeville, TN
The median home value in Pikeville, TN is $242,984 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.3% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pikeville are priced41% below average.
Over the past five years, Pikeville home values have risen by approximately44.9%, reflecting strong long-term appreciation in this market.
Price History
Pikeville Home Price Trend
2020
$138,939
$139K
—
2021
$167,654
$168K
+20.7%
2022
$215,349
$215K
+28.4%
2023
$210,830
$211K
-2.1%
2024
$221,500
$222K
+5.1%
2025
$222,280
$222K
+0.4%
2026
$242,984
$243K
+9.3%
City Comparison
Pikeville vs. National Median
🏠 Pikeville
$242,984
National Median
$410,000
At $242,984, homes in Pikeville cost 41% below the national median of $410,000. This makes Pikeville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pikeville?
20% Down Payment
$48,597
on $242,984
Monthly P&I
$1,267/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,609/mo
incl. taxes & insurance
Income Needed
$64,360
gross annual (30% rule)
10% Down Option
$24,298
+ PMI applies
Loan Amount (20% dn)
$194,387
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 Pikeville, TN?
The median home value in Pikeville is $242,984 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.3% year-over-year.
How much have home prices changed in Pikeville?
Over the past year, home values in Pikeville have increased by 9.3%. Over five years, prices have risen approximately 44.9%.
How much do I need to earn to buy a home in Pikeville?
To comfortably afford the median home price of $242,984 with a 20% down payment ($48,597) at today's rates (6.8%), you'd need a gross annual income of approximately $64,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Pikeville compare to the national average home price?
The national median home value is approximately $410,000. At $242,984, homes in Pikeville are 41% below the national average.