Pelham, TN housing market
The typical Pelham home is worth about $253,000, up 8.9% in a year, 24% below the Tennessee typical home.
Home values, sales, trends and how Pelham compares with the towns next door — updated as new data is published.
Pelham at a glance
Typical home value, 2016–2026
Show as a table
| January | Pelham | Tennessee |
|---|---|---|
| 2017 | $115,000 | $174,000 |
| 2018 | $117,000 | $187,000 |
| 2019 | $126,000 | $198,000 |
| 2020 | $136,000 | $215,000 |
| 2021 | $156,000 | $238,000 |
| 2022 | $197,000 | $287,000 |
| 2023 | $195,000 | $313,000 |
| 2024 | $211,000 | $326,000 |
| 2025 | $230,000 | $334,000 |
| 2026 | $241,000 | $333,000 |
| August 2026 | $253,000 | $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 $1,160
HUD's Fair Market Rent for a two-bedroom in Pelham is $1,160 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $910 · 4 bedrooms $1,620
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37366; 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. 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.