Market Overview
Home Prices in Sewanee, TN
The median home value in Sewanee, TN is $445,521 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sewanee are priced9% above average. Sewanee is part of the Tullahoma-Manchester, TN metro area.
Over the past five years, Sewanee home values have risen by approximately22.6%, reflecting strong long-term appreciation in this market.
Price History
Sewanee Home Price Trend
City Comparison
Sewanee vs. National Median
At $445,521, homes in Sewanee cost 9% above the national median of $410,000. Buyers in Sewanee should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Sewanee?
20% Down Payment
$89,104
on $445,521
Monthly P&I
$2,324/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,951/mo
incl. taxes & insurance
Income Needed
$118,040
gross annual (30% rule)
10% Down Option
$44,552
+ PMI applies
Loan Amount (20% dn)
$356,417
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 Sewanee, TN?
The median home value in Sewanee is $445,521 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.3% year-over-year.
How much have home prices changed in Sewanee?
Over the past year, home values in Sewanee have increased by 2.3%. Over five years, prices have risen approximately 22.6%.
How much do I need to earn to buy a home in Sewanee?
To comfortably afford the median home price of $445,521 with a 20% down payment ($89,104) at today's rates (6.8%), you'd need a gross annual income of approximately $118,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Sewanee compare to the national average home price?
The national median home value is approximately $410,000. At $445,521, homes in Sewanee are 9% above the national average.
What metro area is Sewanee part of?
Sewanee is part of the Tullahoma-Manchester, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.