Market Overview
Home Prices in Wartrace, TN
The median home value in Wartrace, TN is $394,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wartrace are priced4% below average. Wartrace is part of the Shelbyville, TN metro area.
Over the past five years, Wartrace home values have risen by approximately41.0%, reflecting strong long-term appreciation in this market.
Price History
Wartrace Home Price Trend
City Comparison
Wartrace vs. National Median
At $394,155, homes in Wartrace cost 4% below the national median of $410,000. This makes Wartrace a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wartrace?
20% Down Payment
$78,831
on $394,155
Monthly P&I
$2,056/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,611/mo
incl. taxes & insurance
Income Needed
$104,440
gross annual (30% rule)
10% Down Option
$39,416
+ PMI applies
Loan Amount (20% dn)
$315,324
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 Wartrace, TN?
The median home value in Wartrace is $394,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Wartrace?
Over the past year, home values in Wartrace have increased by 3.9%. Over five years, prices have risen approximately 41.0%.
How much do I need to earn to buy a home in Wartrace?
To comfortably afford the median home price of $394,155 with a 20% down payment ($78,831) at today's rates (6.8%), you'd need a gross annual income of approximately $104,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Wartrace compare to the national average home price?
The national median home value is approximately $410,000. At $394,155, homes in Wartrace are 4% below the national average.
What metro area is Wartrace part of?
Wartrace is part of the Shelbyville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.