Zillow Com Tn (2024)

FAQs

Why does Zillow underestimate home values? ›

The Zestimate's accuracy depends on the availability of data in a home's area. Some areas have more detailed home information available — such as square footage and number of bedrooms or bathrooms — and others do not. The more data available, the more accurate the Zestimate value will be.

Tennessee and its surrounding region are home to robust agricultural production and food processing that efficiently provide affordable grocery options. This grocery discount is just another small factor that makes a big difference in the Tennessee cost of living.

There are currently 38,952 homes for sale in Tennessee. The median list price in Tennessee is $429,000 and the average price per square foot is $205.

Follow homes you're interested in

If you're in the market to rent or buy, Zillow tells us to make use of the “save” feature when you're browsing listings. It's a convenient way to corral the properties you're interested in, and you'll be notified if there's a price drop or a change in the listing.

Zillow: Redfin is more accurate when valuing homes. Both Zillow and Redfin give homes an approximate value, but the Zestimate provided by Zillow has proven slightly less accurate than Redfin's estimate. Final numbers depend significantly on the local market and demand for a property in your particular location.

1. Church Hill. Church Hill comes in first as the safest city in Tennessee, according to the FBI database. Located about 80 miles northeast of Knoxville, Church Hill offers beautiful small-town living while still being convenient to urban areas.

Average Cost of Living in Tennessee: $42,469 per year

10, according to MERIC data gathered in 2022.

In Memphis, the average cost to build a house is slightly lower compared to Nashville. On average, homeowners can expect to spend between $85 and $150 per square foot.

How much does it cost to build a 2 000 sq ft house in Tennessee? ›

How much does it cost to build a 2,000 square foot home in Tennessee? It costs about $141.25 per square foot to build a house in Tennessee. So, you would have to spend $282,500 approximately to build a 2,000-square-foot home in Tennessee.

What is the #1 most expensive city in Tennessee? Brentwood is often considered the most expensive city in Tennessee on average, with the median home value surpassing $1 million.

A purple dot on Zillow means the property is available for rent. Typically, if the house or apartment is still listed on Zillow, that means it's available—but it varies.

If you ask Zillow, the Zestimate you see on your house or any house you are looking at is very accurate. They have a self-published nationwide median error rate of 2.4% for on-market properties and a 7.49% median error rate for off-market properties. That median percentage just looks at the whole country.

Zillow is the leading product innovator with features like Real Time Touring, Listing Showcase, and a digital pre-approval pilot launching within the next couple of weeks that will further delight customers and create high-intent, real buyer connections for our Premier Agent partners.

Factors such as algorithm changes, missing data, market shifts, or even incorrectly listed information can affect the accuracy of Zillow's estimates. Consulting a professional realtor for a comparative market analysis (CMA) is recommended to assess your home's value more accurately.

Limitations of Zestimates

Online estimates are algorithm-generated values based on available data, not certified appraisals. Algorithms can't account for all property details or do an in-person evaluation like a licensed appraiser, so estimates may differ significantly from an official appraised value.

Non-disclosure state — Your home is in a “non-disclosure” state (Idaho, Indiana, Kansas, Louisiana, Mississippi, Montana, New Mexico, Texas, Utah, and Wyoming) where transactions are not publicly reported and therefore, we do not have enough data to create a Zestimate.

The "views" and "saves" (seen next to Time on Zillow) are numbers you want to be high—but they are not cumulative for the time the house is on the market. They only show views and saves made over the previous 30 days. So don't be shocked if those numbers actually go down over time.