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Housing in Toone

A typical Toone home is worth about $188,000

Up 7.3% in a year, 44% below the Tennessee typical home.

Typical home value
$188K
▲ 7.3% in a year · TN $334K
Zillow
2-bedroom rent
$930
a month, utilities in · HUD
Median tax bill
$389
TN $1,442

What kind of housing town is Toone?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Toone

Try your own numbers below.

You could afford about
$288,000
Typical Toone home $188K

That covers a typical Toone home, with $100K to spare.

The typical home, each month
$1,060
Loan $930Tax $80Insurance $50

A two-bedroom rents for about $930 a month here, $130 less 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.

Price trend

Home values since 2022

Typical home value by month.

TooneTennessee
$100K$150K$200K$250K$300K$350K20242026
Show as a table
JanuaryTooneTennessee
2023$149,000$313,000
2024$163,000$326,000
2025$182,000$334,000
2026$183,000$333,000
August 2026$188,000$334,000
Then & now

A typical Toone home worth $146K in February 2022 is worth about $188K today.

+$42K
+7.3%
past year
+28.8%
since 2022

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $930

Renters already here pay a median of $728, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$700
1 bedroom$700
2 bedrooms$930
3 bedrooms$1,290
4 bedrooms$1,350
34%
of households rent · TN 33%
44
renter households
$728
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Hardeman County, TN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

66% of Toone households own their home

Half of Toone’s homes were built before 1970.

Owners and renters
Own 66%Rent 34%

Tennessee: 67% own.

1970
typical home built · TN 1987
$389
median property tax bill · TN $1,442

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Toone buyers, sellers and renters are saying.

Town Square →
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Is Toone still affordable for young families?

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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. The calculator is an estimate, not a loan offer.

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