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Featured local agent — Henry, TN
Sarah Mitchell
Compass Real Estate · Henry, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Henry, TN Housing Market
The typical home in Henry, TN is worth $216,036, rose 11.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $41,800 (through May 2026). With homes going under contract in about 27 days, Henry is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $216,036 home is about $1,153/mo in principal and interest.
Key numbers for Henry, TN
Typical home value
$216,036
+11.8% in 12 months
Zillow, August 2026
Median sale price
$41,800
Last published period
Redfin, through October 2025
Days on market
27
Average pace
Redfin, through October 2025
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$48,125
Home costs 4.5x income
U.S. Census ACS, 2023
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Henry a buyer's or seller's market?
Henry, TN is a balanced market and homes selling in about 27 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Henry housing market data show?
Every row below is Redfin's final published month for Henry, TN. Redfin, through October 2025
| Metric | Value |
|---|---|
| Median sale price | $41,800 |
| Median days on market | 27 days |
| Homes sold (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Henry is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Henry is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Henry home prices moved?
Across the 7 months we hold for Henry, TN, the median sale price fell 80.6%, from $215,000 in October 2021 to $41,800. The live Zillow value series has rose 11.8% in the last 12 months, which is the more current read now that Redfin's series has stopped.
Redfin, through October 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Henry?
Priced off the typical home value of $216,036 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $43,207 | $172,829 | $1,153/mo |
| 5% | $10,802 | $205,234 | $1,370/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,153, that implies roughly $49,428 a year before you add taxes and insurance. The median household in Henry earns $48,125, about $1,303 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.5x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Henry in the next 12 months?
Tell us your timeline. We send the Henry market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Henry?
Zillow does not publish a rent index (ZORI) for Henry, TN, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Henry?
Active listings in Henry, TN went from 2 in October 2021 to 1 in February 2025, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| October 2021 | 2 | 1 |
| February 2025 | 1 | not published |
Redfin, through February 2025
How does Henry compare to Tennessee and the U.S.?
Henry homes sell for $41,800 — 90% below the Tennessee median of $413,200. Against the national median of $410,700, Henry runs 90% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Henry, TN | $41,800 | not published | 27 days |
| Tennessee statewide | $413,200 | +3.0% | 61 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through October 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Henry
What buyers should watch
- The gap between 5% and 20% down here is $216 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $216,036 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Henry listing goes under contract in 27 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Your equity moved +11.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Henry varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Henry
Explore homes currently listed for sale in Henry, Tennessee across major real estate platforms.
How much do homes cost in Henry by property type?
How the Henry, TN market breaks down across single-family homes, condos and townhouses. Redfin, through October 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $41,800 | not published | 1 | 27 days |
Who lives in Henry?
American Community Survey estimates for Henry. U.S. Census ACS, 2023
Population
588
Households
171
Median income
$48,125/yr
Median age
35.3 years
Owner-occupied
59.6%
Median home value
$75,000
Median gross rent
$583/mo
Mean commute
19.3 min
59.6% of occupied homes in Henry are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $75,000 against Zillow's $216,036 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Henry?
2 schools tracked · 403 students
The largest public schools serving Henry, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Henry Elementary
Grades PK-8 · 352 students
Henry County Virtual Academy
Grades K-12 · 51 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Henry, TN?
Ordered by distance from Henry, not by size. Compare Henry side by side with any of them.
Henry housing market FAQ
Is Henry a buyer's or seller's market?
Henry, TN is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Henry?
The typical home in Henry, TN is worth $216,036 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $41,800.
Is Henry cheaper than the rest of Tennessee?
Henry's median sale price of $41,800 is 90% lower than the Tennessee statewide median of $413,200, and 90% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Henry?
Homes in Henry, TN spent a median of 27 days on market before going under contract, versus 61 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Henry?
At the current 30-year fixed rate of 7.03%, 20% down on a $216,036 home is about $1,153 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $49,428 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $48,125.
Are home prices rising in Henry?
The typical home value in Henry, TN rose 11.8% over the last 12 months, from $193,272 to $216,036 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Henry?
Henry ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Henry?
That depends on your timeline, not on a headline. What the data says today: Henry, TN is a balanced market, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $216,036, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.