The story of this market
The typical home in Hancock County, Tennessee sells for about $299,900, or $206 per square foot.
Prices are up +14.1% from a year ago, so sellers still have some momentum. Homes take about 111 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $995 a month.
HUD sets the fair market rent for a 2-bedroom at $995 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively High.
Monthly price momentum
Home values since 2015
-0.4%
TN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,186
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Natural hazard exposure
The area's risk shape
69
Relatively High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $3,053,434.
Mortgage activity
Home lending in this county
63.7%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 162 | 68 | 63.7% | 8.8% | $115,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Hancock County, Tennessee
The Hancock County housing market is characterized by low inventory and rising prices, driven by limited supply rather than high demand. While home values have increased significantly over the past year, the market remains highly affordable compared to state and national averages. Economic growth remains modest, keeping the market stable but quiet.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 2 cities · 2 ZIP reports
Median prices moved up 2.3% year over year.
Homes spend a median of 88 days on market with 11.2 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.3% · poverty 22.0% — a mixed stability profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Hancock County, Tennessee — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 17
researched Sep 17
| 37731 | Eidson | $299,900 | $168 | +2.1% | 84 | 96.5% | 12% | 11.2 | 159 | $1,150 | researched Sep 17 |
| 37869 | Sneedville | $185,000 | $135 | +2.5% | 92 | 96.5% | 12% | 11.2 | 45 | $610 | researched Sep 17 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Public education is provided by the Hancock County School District, which serves the entire county population.
The area is subject to standard regional risks including seasonal flooding in low-lying areas and wind events; property insurance premiums are influenced by these environmental factors.
Economic momentum is limited, with the county primarily focused on rural development and local services rather than large-scale industrial or corporate expansion.
Property taxes are assessed by the county based on appraised value; the county maintains a relatively low effective tax rate compared to urban Tennessee jurisdictions.
The county features significant outdoor recreation opportunities, including access to the Clinch River and mountainous terrain suitable for hiking and fishing.
The rental market is characterized by limited inventory and a high share of older, single-family housing stock.
The economy is primarily driven by local government, agriculture, and small-scale retail, with limited large-scale industrial presence.
Transportation is primarily served by state highways; there is no significant public transit infrastructure.
The county assessor maintains property valuations based on periodic reappraisal cycles as mandated by state law.
The county is served by the Hancock County School District and local utility districts for water and sanitation.
Property insurance availability is stable, though premiums are sensitive to regional weather-related risks.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Provides essential opportunities for fishing, boating, and scenic enjoyment, serving as a primary natural anchor for the county.
A historic area reflecting the unique cultural heritage of the Melungeon people, attracting interest in local history.
Data sourced from TNECD and Census Bureau profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Applies to residential parcels created as condominiums on or after January 1, 2009.
Governs the creation, management, and operation of condominium associations, including unit owner rights, common element maintenance, and assessment authority.
Tennessee Code Annotated, Title 66, Chapter 27.
applies when — Applies to residential parcels governed by a homeowners' association or declaration of covenants.
Imposes specific constraints on associations, including: vested rights for owners to maintain long-term rentals if covenants are amended, prohibition on foreclosure for failure to pay special assessments for nonessential amenities, and requirements for fidelity bonds.
Tennessee Code Annotated, Title 66, Chapter 27, Parts 6-10.
applies when — Applies to residential parcels encumbered by a deed of trust or mortgage containing a power of sale clause.
Allows for non-judicial foreclosure. Requires public notice at least 20 days in advance of the sale, published in a newspaper in the county and/or posted on the secretary of state's website. The trustee must be a licensed Tennessee attorney.
Tennessee Code Annotated, Title 35, Chapter 5; amended by HB1355 (2023) and HB1155 (2011).
Property is assessed at a percentage of its fair market value: 25% for residential property. The tax amount is calculated by multiplying the assessed value by the local tax rate (per $100 of assessed value).
Tennessee Code Annotated, Title 67, Chapter 5; assessments are based on status as of January 1 annually.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.