Powells Crossroads, TN housing market
The typical Powells Crossroads home is worth about $237,000, up 2.6% in a year, 29% below the Tennessee typical home.
Home values, sales, trends and how Powells Crossroads compares with the towns next door — updated as new data is published.
Powells Crossroads at a glance
Typical home value, 2016–2026
Show as a table
| January | Powells Crossroads | Tennessee |
|---|---|---|
| 2017 | $124,000 | $174,000 |
| 2018 | $127,000 | $187,000 |
| 2019 | $137,000 | $198,000 |
| 2020 | $148,000 | $215,000 |
| 2021 | $157,000 | $238,000 |
| 2022 | $185,000 | $287,000 |
| 2023 | $210,000 | $313,000 |
| 2024 | $225,000 | $326,000 |
| 2025 | $232,000 | $334,000 |
| 2026 | $235,000 | $333,000 |
| August 2026 | $237,000 | $334,000 |
8 new homes permitted in 2025
Builders were permitted 8 new homes in Powells Crossroads in 2025, all single-family houses. That's 5.3 per 1,000 residents, slower than across Tennessee (7.8). Over the past 10 years, Powells Crossroads has permitted 59 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 8 | 8 | 0 | $1 million |
| 2025 | 8 | 8 | 0 | $932,000 |
| 2024 | 12 | 12 | 0 | $1.7 million |
| 2023 | 9 | 9 | 0 | $1.6 million |
| 2022 | 8 | 8 | 0 | $1.5 million |
| 2021 | 1 | 1 | 0 | $302,000 |
| 2020 | 4 | 4 | 0 | $1.3 million |
| 2019 | 2 | 2 | 0 | $699,000 |
| 2018 | 3 | 3 | 0 | $941,000 |
| 2017 | 10 | 10 | 0 | $1.7 million |
| 2016 | 2 | 2 | 0 | $500,000 |
| 2015 | 2 | 2 | 0 | $500,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.5 years of income
The typical Powells Crossroads home costs about 3.5 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 $1,030
HUD's Fair Market Rent for a two-bedroom in Powells Crossroads is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Powells Crossroads pay a median of $1,090. A two-bedroom takes about 18% of the town's median household income.
Studio $900 · 4 bedrooms $1,400
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37397; 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. 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.