Market Overview
Home Prices in Tullahoma, TN
The median home value in Tullahoma, TN is $298,536 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tullahoma are priced27% below average. Tullahoma is part of the Tullahoma-Manchester, TN metro area.
Over the past five years, Tullahoma home values have risen by approximately41.6%, reflecting strong long-term appreciation in this market.
Price History
Tullahoma Home Price Trend
City Comparison
Tullahoma vs. National Median
At $298,536, homes in Tullahoma cost 27% below the national median of $410,000. This makes Tullahoma a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tullahoma?
20% Down Payment
$59,707
on $298,536
Monthly P&I
$1,557/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,977/mo
incl. taxes & insurance
Income Needed
$79,080
gross annual (30% rule)
10% Down Option
$29,854
+ PMI applies
Loan Amount (20% dn)
$238,829
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 Tullahoma, TN?
The median home value in Tullahoma is $298,536 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Tullahoma?
Over the past year, home values in Tullahoma have increased by 3.5%. Over five years, prices have risen approximately 41.6%.
How much do I need to earn to buy a home in Tullahoma?
To comfortably afford the median home price of $298,536 with a 20% down payment ($59,707) at today's rates (6.8%), you'd need a gross annual income of approximately $79,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Tullahoma compare to the national average home price?
The national median home value is approximately $410,000. At $298,536, homes in Tullahoma are 27% below the national average.
What metro area is Tullahoma part of?
Tullahoma is part of the Tullahoma-Manchester, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.