Etowah, TN housing market
The typical Etowah home is worth about $218,000, up 7.1% in a year, 35% below the Tennessee typical home. Homes typically sell in 31 days, close to asking.
Home values, sales, trends and how Etowah compares with the towns next door — updated as new data is published.
Etowah at a glance
A balanced market
About 4 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Etowah | Tennessee |
|---|---|---|
| 2017 | $109,000 | $174,000 |
| 2018 | $111,000 | $187,000 |
| 2019 | $117,000 | $198,000 |
| 2020 | $136,000 | $215,000 |
| 2021 | $148,000 | $238,000 |
| 2022 | $175,000 | $287,000 |
| 2023 | $188,000 | $313,000 |
| 2024 | $196,000 | $326,000 |
| 2025 | $203,000 | $334,000 |
| 2026 | $215,000 | $333,000 |
| August 2026 | $218,000 | $334,000 |
5 new homes permitted in 2025
Builders were permitted 5 new homes in Etowah in 2025, all single-family houses. That's 1.4 per 1,000 residents, slower than across Tennessee (7.8). Over the past 10 years, Etowah has permitted 37 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Etowah gained 113 residents while 21 new homes were permitted: about 5.4 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. 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) | 4 | 4 | 0 | $467,000 |
| 2025 | 5 | 5 | 0 | $585,000 |
| 2024 | 4 | 4 | 0 | $463,000 |
| 2023 | 4 | 4 | 0 | $476,000 |
| 2022 | 5 | 5 | 0 | $529,000 |
| 2021 | 4 | 4 | 0 | $632,000 |
| 2020 | 3 | 3 | 0 | $474,000 |
| 2019 | 4 | 4 | 0 | $428,000 |
| 2018 | 2 | 2 | 0 | $250,000 |
| 2017 | 3 | 3 | 0 | $367,000 |
| 2016 | 3 | 3 | 0 | $375,000 |
| 2015 | 2 | 2 | 0 | $250,000 |
| 2014 | 2 | 2 | 0 | $250,000 |
| 2013 | 2 | 2 | 0 | $250,000 |
| 2012 | 2 | 2 | 0 | $250,000 |
| 2011 | 1 | 1 | 0 | $150,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 3 | 1 | 2 | $80,000 |
| 2007 | 6 | 6 | 0 | $255,000 |
| 2006 | 5 | 5 | 0 | $209,000 |
| 2005 | 3 | 3 | 0 | $230,000 |
| 2004 | 4 | 4 | 0 | $225,000 |
| 2003 | 10 | 10 | 0 | $472,000 |
| 2002 | 10 | 10 | 0 | $390,000 |
| 2001 | 2 | 2 | 0 | $95,000 |
| 2000 | 5 | 5 | 0 | $210,000 |
How Etowah ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5.5 years of income
The typical Etowah home costs about 5.5 years of the town's median household income, more than across Tennessee (4.8 years).
How Etowah ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,080
HUD's Fair Market Rent for a two-bedroom in Etowah is $1,080 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Etowah pay a median of $741, so moving in tends to cost more than staying put. A two-bedroom takes about 33% of the town's median household income, above the 30% guideline for affordable housing.
Studio $780 · 4 bedrooms $1,440
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37329, 37331; Cleveland, TN 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.
Recent listings in Etowah
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. 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.