Centertown, TN housing market
The typical Centertown home is worth about $222,000, up 0.9% in a year, 34% below the Tennessee typical home.
Home values, sales, trends and how Centertown compares with the towns next door — updated as new data is published.
Centertown at a glance
Only 2 sales in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2022–2026
Show as a table
| January | Centertown | Tennessee |
|---|---|---|
| 2023 | $196,000 | $313,000 |
| 2024 | $219,000 | $326,000 |
| 2025 | $228,000 | $334,000 |
| 2026 | $218,000 | $333,000 |
| August 2026 | $222,000 | $334,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Centertown is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Centertown pay a median of $888.
Studio $740 · 4 bedrooms $1,310
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37110; Chattanooga, TN-GA MSA), 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, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.