Mason, TN housing market
The typical Mason home is worth about $192,000, up 7.4% in a year, 43% below the Tennessee typical home.
Home values, sales, trends and how Mason compares with the towns next door — updated as new data is published.
Mason at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Mason | Tennessee |
|---|---|---|
| 2017 | $76,000 | $174,000 |
| 2018 | $79,000 | $187,000 |
| 2019 | $87,000 | $198,000 |
| 2020 | $102,000 | $215,000 |
| 2021 | $116,000 | $238,000 |
| 2022 | $138,000 | $287,000 |
| 2023 | $149,000 | $313,000 |
| 2024 | $158,000 | $326,000 |
| 2025 | $173,000 | $334,000 |
| 2026 | $189,000 | $333,000 |
| August 2026 | $192,000 | $334,000 |
5 new homes permitted in 2025
Builders were permitted 5 new homes in Mason in 2025, all single-family houses, worth about $1.5 million to build. That's 4.8 per 1,000 residents, slower than across Tennessee (7.8). Over the past 10 years, Mason has permitted 13 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Mason's population fell by 272 and no new homes were permitted. 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 | $1.2 million |
| 2025 | 5 | 5 | 0 | $1.5 million |
| 2024 | 2 | 2 | 0 | $575,000 |
| 2023 | 2 | 2 | 0 | $571,000 |
| 2022 | 2 | 2 | 0 | $512,000 |
| 2021 | 2 | 2 | 0 | $478,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $75,000 |
| 2007 | 13 | 13 | 0 | $1.4 million |
| 2006 | 22 | 22 | 0 | $2 million |
| 2005 | 9 | 9 | 0 | $734,000 |
| 2004 | 6 | 6 | 0 | $494,000 |
| 2003 | 6 | 6 | 0 | $441,000 |
| 2002 | 1 | 1 | 0 | $38,000 |
| 2001 | 21 | 21 | 0 | $913,000 |
| 2000 | 2 | 2 | 0 | $140,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4 years of income
The typical Mason home costs about 4 years of the town's median household income, less 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 $1,070
HUD's Fair Market Rent for a two-bedroom in Mason is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mason pay a median of $1,316. A two-bedroom takes about 27% of the town's median household income.
Studio $890 · 4 bedrooms $1,650
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38049; Memphis, TN-MS-AR HUD Metro FMR Area), 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 Mason
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.