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Advertise here →Gallatin, TN · Market Data
Gallatin, Tennessee real estate market data.
Real estate market data for Gallatin, TN (Sumner County) — Census median home value $343,700, county listing prices up about 3.1% over the past year.
Gallatin, TN is in Sumner County, Tennessee — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 46,667, with a median household income of $73,589. Census data puts Gallatin's median home value at $343,700 (all owner-occupied homes); Sumner County's current median listing price runs $499,373, up about 3.1% over the past year.
At a glance
Gallatin market snapshot
Population
46,667
Median Household Income
$73,589
Median Home Value (city)
$343,700
Median Listing Price (Sumner County)
$499,373
Median Gross Rent
$1,299/mo
Price Trend (YoY)
+3.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Gallatin different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Gallatin's median home value — across all owner-occupied homes, not just recent sales — at $343,700. Separately, Sumner County's current median listing price (via Realtor.com data, 2026-06-01) runs $499,373. 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
Sumner County's FHFA house price index shows a 1.84% annual change in 2025.
Population & Income
Gallatin has an estimated population of 46,667 and a median household income of $73,589, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Gallatin's Census-reported median home value works out to about 4.7x the area's median household income, and median gross rent runs roughly 21% 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
Gallatin FAQ
What are home values like in Gallatin, TN?
The Census Bureau's American Community Survey puts Gallatin's median home value at $343,700. Sumner County's current median listing price runs $499,373, up about 3.1% over the past year.
What is the population of Gallatin, TN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Gallatin's population at approximately 46,667.
What's the median rent in Gallatin, TN?
The Census ACS estimates median gross rent in Gallatin at approximately $1,299 per month.
What is the median household income in Gallatin, TN?
Census ACS data puts the median household income in Gallatin at approximately $73,589.
Is the Gallatin housing market growing?
Sumner County's FHFA house price index shows a 1.84% annual change in 2025.
Is Gallatin, TN affordable relative to income?
Census ACS data puts Gallatin's median home value at about 4.7 times the median household income, with median gross rent equal to roughly 21% 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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