Grimsley, TN housing market
The typical Grimsley home is worth about $267,000, up 3.9% in a year, 20% below the Tennessee typical home.
Home values, sales, trends and how Grimsley compares with the towns next door — updated as new data is published.
Grimsley at a glance
Typical home value, 2022–2026
Show as a table
| January | Grimsley | Tennessee |
|---|---|---|
| 2023 | $213,000 | $313,000 |
| 2024 | $232,000 | $326,000 |
| 2025 | $254,000 | $334,000 |
| 2026 | $262,000 | $333,000 |
| August 2026 | $267,000 | $334,000 |
4.7 years of income
The typical Grimsley home costs about 4.7 years of the town's median household income, about the same as across Tennessee (4.8).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $930
HUD's Fair Market Rent for a two-bedroom in Grimsley is $930 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 20% of the town's median household income.
Studio $700 · 4 bedrooms $1,300
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38556, 38565; Fentress 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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.