Market Overview
Home Prices in Tazewell, TN
The median home value in Tazewell, TN is $225,396 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.5% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tazewell are priced45% below average. Tazewell is part of the Morristown, TN metro area.
Over the past five years, Tazewell home values have risen by approximately26.9%, reflecting strong long-term appreciation in this market.
Price History
Tazewell Home Price Trend
City Comparison
Tazewell vs. National Median
At $225,396, homes in Tazewell cost 45% below the national median of $410,000. This makes Tazewell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tazewell?
20% Down Payment
$45,079
on $225,396
Monthly P&I
$1,176/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,494/mo
incl. taxes & insurance
Income Needed
$59,760
gross annual (30% rule)
10% Down Option
$22,540
+ PMI applies
Loan Amount (20% dn)
$180,317
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 Tazewell, TN?
The median home value in Tazewell is $225,396 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.5% year-over-year.
How much have home prices changed in Tazewell?
Over the past year, home values in Tazewell have increased by 6.5%. Over five years, prices have risen approximately 26.9%.
How much do I need to earn to buy a home in Tazewell?
To comfortably afford the median home price of $225,396 with a 20% down payment ($45,079) at today's rates (6.8%), you'd need a gross annual income of approximately $59,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Tazewell compare to the national average home price?
The national median home value is approximately $410,000. At $225,396, homes in Tazewell are 45% below the national average.
What metro area is Tazewell part of?
Tazewell is part of the Morristown, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.