Housing in Banner Hill, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — August 2025

Median Sale Price

$146,500

Median List Price

$239,900

Price Per Sq Ft

$215

Days on Market

29

Active Inventory

3

Months of Supply

1.5

Seller's market

Price Trends

Source: Redfin
Sale Price ↓ 13.3%List Price ↓ 5.6%Mar 24 → Aug 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

87.9%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

1

Pending Sales

1

Homes Sold ↑ 100.0%New Listings ↓ 50.0%Pending ↓ 75.0%Mar 24 → Aug 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$215

Median List $/SF

$218

Sale $/SF ↑ 21.5%List $/SF ↑ 13.0%Mar 24 → Aug 25

Banner Hill vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Banner Hill is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$120,700

Median Rent

N/A

Total Housing Units

570

Vacancy Rate

11.1%

Owner Occupied

88.4%

Renter Occupied

11.6%

Median Property Tax

$544

per year

Monthly Cost (w/ Mortgage)

N/A

Housing Types

Single Family
86.7%
Multi-Family
0.0%
Mobile Home
13.3%

The current median sale price in Banner Hill, TN is $146,500 according to Redfin data. Homes spend a median of 29 days on the market. 0.0% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $215. About 88.4% of housing units are owner-occupied. The median year homes were built is 1958. There are 570 total housing units.