Ardmore, TN housing market
The typical Ardmore home is worth about $263,000, up 3.5% in a year, 21% below the Tennessee typical home.
Home values, sales, trends and how Ardmore compares with the towns next door — updated as new data is published.
Ardmore at a glance
Typical home value, 2016–2026
Show as a table
| January | Ardmore | Tennessee |
|---|---|---|
| 2017 | $136,000 | $174,000 |
| 2018 | $144,000 | $187,000 |
| 2019 | $152,000 | $198,000 |
| 2020 | $168,000 | $215,000 |
| 2021 | $188,000 | $238,000 |
| 2022 | $222,000 | $287,000 |
| 2023 | $243,000 | $313,000 |
| 2024 | $252,000 | $326,000 |
| 2025 | $257,000 | $334,000 |
| 2026 | $261,000 | $333,000 |
| August 2026 | $263,000 | $334,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Ardmore in 2025. That's 0.9 per 1,000 residents, slower than across Tennessee (7.8). Over the past 10 years, Ardmore has permitted 26 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Ardmore gained 4 residents while 27 new homes were permitted: about 0.1 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Tennessee: 2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $40,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 4 | 4 | 0 | $924,000 |
| 2022 | 2 | 2 | 0 | $600,000 |
| 2021 | 7 | 7 | 0 | $950,000 |
| 2020 | 3 | 3 | 0 | $400,000 |
| 2019 | 3 | 3 | 0 | $420,000 |
| 2018 | 2 | 2 | 0 | $180,000 |
| 2017 | 1 | 1 | 0 | $110,000 |
| 2016 | 3 | 3 | 0 | $290,000 |
| 2015 | 3 | 3 | 0 | $285,000 |
| 2014 | 1 | 1 | 0 | $65,000 |
| 2013 | 5 | 5 | 0 | $470,000 |
| 2012 | 4 | 4 | 0 | $650,000 |
| 2011 | 1 | 1 | 0 | $105,000 |
| 2010 | 4 | 4 | 0 | $350,000 |
| 2009 | 4 | 4 | 0 | $485,000 |
| 2008 | 10 | 10 | 0 | $1.5 million |
| 2007 | 9 | 9 | 0 | $1.2 million |
| 2006 | 11 | 11 | 0 | $1.1 million |
| 2005 | 12 | 12 | 0 | $1 million |
| 2004 | 7 | 7 | 0 | $540,000 |
| 2003 | 12 | 12 | 0 | $910,000 |
| 2002 | 9 | 9 | 0 | $550,000 |
| 2001 | 5 | 5 | 0 | $450,000 |
| 2000 | 4 | 4 | 0 | $385,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5.6 years of income
The typical Ardmore home costs about 5.6 years of the town's median household income, more than across Tennessee (4.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,220
HUD's Fair Market Rent for a two-bedroom in Ardmore is $1,220 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ardmore pay a median of $871, so moving in tends to cost more than staying put. A two-bedroom takes about 31% of the town's median household income, above the 30% guideline for affordable housing.
Studio $940 · 4 bedrooms $1,700
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38449, 38477; Giles County, TN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.