Summertown, Lawrence County, TN

Median Home Price Price

$278,308 $278.3K

Median Monthly Rent Rent

$883 $883

26.0x

Market Snapshot

Summertown, Lawrence County, TN is a city market with a median home price of $278,308, a median monthly rent of $883, a GRM of 26.0x, and a price-to-rent ratio of 26.3.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price
High confidence
Price $195.9K
Rent $851
GRM 19.0x
Nearby alternative Lower GRM Lower price Higher rent Rent momentum
High confidence
Price $238.7K
Rent $1.3K
GRM 15.0x
Explore the data
Region Show
Westpoint
$196K $851 19.0x
$225K $898 21.0x
Leoma
$239K $1.3K 15.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Callaway, Becker County, MN
$231K $881 22.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Summertown

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Benchmark comparison

Rent in Summertown, TN is 3.8% higher than Westpoint, TN.

Summertown, TN
Westpoint, TN
Delta
Median rent
$883
$851
-$32
Median price
$278,308
$195,899
-$82,409
YoY change
+$60
+$68
+$8
Price-to-rent
26.3x
19.2x
-7.1x

Key takeaways

  • Summertown, Lawrence County, TN has a higher-grm screening profile: At 26.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $60 year over year.
  • Rent in Summertown, TN is 3.8% higher than Westpoint, TN.