A typical Fowlkes home is worth roughly $125,000
Home prices around Fowlkes have risen about 56% over the past 5 years.
What kind of housing town is Fowlkes?
Read from the numbers below. The page puts what stands out first.
A typical home costs 4 years of income
Less than across Tennessee (4.8 years). Try your own numbers below.
That covers a typical Fowlkes home, with $3K to spare.
A two-bedroom rents for about $930 a month here, $220 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Tennessee typical property tax (0.50% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 56% in 5 years
The federal house price index for the ZIP code around Fowlkes rose 56% over the past 5 years, slower than across Tennessee (60%). Last year prices rose 9.2%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fowlkes, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $930
Renters already here pay a median of $710, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Dyer County, TN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
55% of Fowlkes households own their home
Half of Fowlkes’s homes were built before 1983.
Tennessee: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Fowlkes buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.