Farragut, TN · Market Data

Farragut, Tennessee real estate market data.

Real estate market data for Farragut, TN (Knox County) — Census median home value $513,100, county listing prices up about 2.3% over the past year.

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Farragut, TN is in Knox County, Tennessee — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 24,309, with a median household income of $142,402. Census data puts Farragut's median home value at $513,100 (all owner-occupied homes); Knox County's current median listing price runs $445,000, up about 2.3% over the past year.

At a glance

Farragut market snapshot

Population

24,309

Median Household Income

$142,402

Median Home Value (city)

$513,100

Median Listing Price (Knox County)

$445,000

Median Gross Rent

$1,691/mo

Price Trend (YoY)

+2.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Farragut

What makes Farragut different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Farragut's median home value — across all owner-occupied homes, not just recent sales — at $513,100. Separately, Knox County's current median listing price (via Realtor.com data, 2026-06-01) runs $445,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Knox County's FHFA house price index shows a 2.95% annual change in 2025.

Population & Income

Farragut has an estimated population of 24,309 and a median household income of $142,402, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Farragut's Census-reported median home value works out to about 3.6x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Farragut FAQ

What are home values like in Farragut, TN?

The Census Bureau's American Community Survey puts Farragut's median home value at $513,100. Knox County's current median listing price runs $445,000, up about 2.3% over the past year.

What is the population of Farragut, TN?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Farragut's population at approximately 24,309.

What's the median rent in Farragut, TN?

The Census ACS estimates median gross rent in Farragut at approximately $1,691 per month.

What is the median household income in Farragut, TN?

Census ACS data puts the median household income in Farragut at approximately $142,402.

Is the Farragut housing market growing?

Knox County's FHFA house price index shows a 2.95% annual change in 2025.

Is Farragut, TN affordable relative to income?

Census ACS data puts Farragut's median home value at about 3.6 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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