Market Overview
Home Prices in Ripley, TN
The median home value in Ripley, TN is $150,553 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 14.4% compared to a year ago and down 10.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ripley are priced63% below average.
Over the past five years, Ripley home values have risen by approximately29.1%, reflecting strong long-term appreciation in this market.
Price History
Ripley Home Price Trend
2020
$97,467
$97K
—
2021
$116,649
$117K
+19.7%
2022
$139,386
$139K
+19.5%
2023
$140,977
$141K
+1.1%
2024
$146,404
$146K
+3.8%
2025
$131,602
$132K
-10.1%
2026
$150,553
$151K
+14.4%
City Comparison
Ripley vs. National Median
🏠 Ripley
$150,553
National Median
$410,000
At $150,553, homes in Ripley cost 63% below the national median of $410,000. This makes Ripley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ripley?
20% Down Payment
$30,111
on $150,553
Monthly P&I
$785/mo
30-yr @ 6.8%
Total Monthly Est.
~$997/mo
incl. taxes & insurance
Income Needed
$39,880
gross annual (30% rule)
10% Down Option
$15,055
+ PMI applies
Loan Amount (20% dn)
$120,442
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 Ripley, TN?
The median home value in Ripley is $150,553 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 14.4% year-over-year.
How much have home prices changed in Ripley?
Over the past year, home values in Ripley have increased by 14.4%. Over five years, prices have risen approximately 29.1%.
How much do I need to earn to buy a home in Ripley?
To comfortably afford the median home price of $150,553 with a 20% down payment ($30,111) at today's rates (6.8%), you'd need a gross annual income of approximately $39,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Ripley compare to the national average home price?
The national median home value is approximately $410,000. At $150,553, homes in Ripley are 63% below the national average.