Market Overview
Home Prices in Talbott, TN
The median home value in Talbott, TN is $312,500 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Talbott are priced24% below average. Talbott is part of the Morristown, TN metro area.
Over the past five years, Talbott home values have risen by approximately41.1%, reflecting strong long-term appreciation in this market.
Price History
Talbott Home Price Trend
City Comparison
Talbott vs. National Median
At $312,500, homes in Talbott cost 24% below the national median of $410,000. This makes Talbott a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Talbott?
20% Down Payment
$62,500
on $312,500
Monthly P&I
$1,630/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,070/mo
incl. taxes & insurance
Income Needed
$82,800
gross annual (30% rule)
10% Down Option
$31,250
+ PMI applies
Loan Amount (20% dn)
$250,000
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 Talbott, TN?
The median home value in Talbott is $312,500 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Talbott?
Over the past year, home values in Talbott have increased by 3.2%. Over five years, prices have risen approximately 41.1%.
How much do I need to earn to buy a home in Talbott?
To comfortably afford the median home price of $312,500 with a 20% down payment ($62,500) at today's rates (6.8%), you'd need a gross annual income of approximately $82,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Talbott compare to the national average home price?
The national median home value is approximately $410,000. At $312,500, homes in Talbott are 24% below the national average.
What metro area is Talbott part of?
Talbott is part of the Morristown, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.