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These days, finding an affordable place to live in the Chestnut Mound area can be challenging. Home prices in Chestnut Mound are now at a median cost of $246,444, lower than the Tennessee average of $315,131.
The average cost of rent is $795/mo in Chestnut Mound, primarily driven by the current value of real estate in the Chestnut Mound area. In Chestnut Mound, 18.50% of households rent, and 59.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chestnut Mound is $5,917 per month. Households that rent pay about 13.43% of their income on rent here. Chestnut Mound’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Buffalo Valley, TN: equally priced homes
- Elmwood, TN: equally priced homes
- Granville, TN: less expensive homes
- Sadler, TN: equally priced homes
- McClures Bend, TN: equally priced homes
- Lancaster Hill, TN: higher priced homes
- Lancaster, TN: higher priced homes
- Nameless, TN: less expensive homes
- Hickman, TN: equally priced homes
- Gordonsville, TN: equally priced homes
Cities with Similar Populations
- Camp Creek, WV: less expensive homes
- Springville, OH: less expensive homes
- Shubert, TN: less expensive homes
- Short, TX: less expensive homes
- Schell City, MO: less expensive homes
- Saxon, WI: less expensive homes
- Counselor, NM: less expensive homes
- Compton, IL: less expensive homes
- Collins, WI: equally priced homes
- Center, KY: less expensive homes
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