Market Overview
Home Prices in Rickman, TN
The median home value in Rickman, TN is $312,028 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rickman are priced24% below average. Rickman is part of the Cookeville, TN metro area.
Over the past five years, Rickman home values have risen by approximately38.7%, reflecting strong long-term appreciation in this market.
Price History
Rickman Home Price Trend
City Comparison
Rickman vs. National Median
At $312,028, homes in Rickman cost 24% below the national median of $410,000. This makes Rickman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rickman?
20% Down Payment
$62,406
on $312,028
Monthly P&I
$1,627/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,066/mo
incl. taxes & insurance
Income Needed
$82,640
gross annual (30% rule)
10% Down Option
$31,203
+ PMI applies
Loan Amount (20% dn)
$249,622
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 Rickman, TN?
The median home value in Rickman is $312,028 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Rickman?
Over the past year, home values in Rickman have increased by 4.4%. Over five years, prices have risen approximately 38.7%.
How much do I need to earn to buy a home in Rickman?
To comfortably afford the median home price of $312,028 with a 20% down payment ($62,406) at today's rates (6.8%), you'd need a gross annual income of approximately $82,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Rickman compare to the national average home price?
The national median home value is approximately $410,000. At $312,028, homes in Rickman are 24% below the national average.
What metro area is Rickman part of?
Rickman is part of the Cookeville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.