Housing in Three Way, TN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$252,900
Median List Price
$258,900
Price Per Sq Ft
$171
Days on Market
37
Active Inventory
14
Months of Supply
4.7
Balanced market
Zillow Home Value
$278,793
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
22.2%
Sale-to-List Ratio
97.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
9
Pending Sales
9
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$171
Median List $/SF
$191
Three Way vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Three Way is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$231,200
Median Rent
$1,650
Total Housing Units
870
Vacancy Rate
3.1%
Owner Occupied
92.9%
Renter Occupied
7.1%
Median Property Tax
$1,325
per year
Monthly Cost (w/ Mortgage)
$994
Housing Types
The current median sale price in Three Way, TN is $252,900 according to Redfin data. Homes spend a median of 37 days on the market. 0.0% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $171. The median rent is $1,650 per month (Census ACS). About 92.9% of housing units are owner-occupied. The median year homes were built is 1997. There are 870 total housing units.