Market Overview
Home Prices in Toone, TN
The median home value in Toone, TN is $189,636 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.9% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Toone are priced54% below average.
Price History
Toone Home Price Trend
2022
$148,005
$148K
—
2023
$158,316
$158K
+7.0%
2024
$176,467
$176K
+11.5%
2025
$177,411
$177K
+0.5%
2026
$189,636
$190K
+6.9%
City Comparison
Toone vs. National Median
🏠 Toone
$189,636
National Median
$410,000
At $189,636, homes in Toone cost 54% below the national median of $410,000. This makes Toone a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Toone?
20% Down Payment
$37,927
on $189,636
Monthly P&I
$989/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,256/mo
incl. taxes & insurance
Income Needed
$50,240
gross annual (30% rule)
10% Down Option
$18,964
+ PMI applies
Loan Amount (20% dn)
$151,709
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 Toone, TN?
The median home value in Toone is $189,636 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.9% year-over-year.
How much have home prices changed in Toone?
Over the past year, home values in Toone have increased by 6.9%.
How much do I need to earn to buy a home in Toone?
To comfortably afford the median home price of $189,636 with a 20% down payment ($37,927) at today's rates (6.8%), you'd need a gross annual income of approximately $50,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Toone compare to the national average home price?
The national median home value is approximately $410,000. At $189,636, homes in Toone are 54% below the national average.