Gordonsville, Smith County, TN

Median Home Price Price

$294,468 $294.5K

Median Monthly Rent Rent

$991 $991

25.0x

Market Snapshot

Gordonsville, Smith County, TN is a city market with a median home price of $294,468, a median monthly rent of $991, a GRM of 25.0x, and a price-to-rent ratio of 24.8.

More markets to explore

01 Carthage, Smith County, TN
Top recommendation Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $264K
Rent $1.1K
GRM 20.0x
Explore the data
Region Show
Carthage
$264K $1.1K 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Ardmore, Lincoln County, TN Explore deeper
$252K $1.0K 20.0x
Lewisburg, Marshall County, TN
$279K $1.0K 22.0x
Beech Bluff, Madison County, TN
$208K $997 17.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Faison, Sampson County, NC
$128K $937 11.0x
Staffordsville, Giles County, VA
$199K $976 17.0x
Tekonsha, Calhoun County, MI
$176K $1.3K 11.0x

Home prices

Monthly rent

GRM = home price / annual rent

Gordonsville

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Benchmark comparison

Rent in Gordonsville, TN is 11.8% lower than Carthage, TN.

Compare to Carthage, TN
Gordonsville, TN
Carthage, TN
Delta
Median rent
$991
$1,123
+$132
Median price
$294,468
$263,991
-$30,477
YoY change
+$45
+$28
-$17
Price-to-rent
24.8x
19.6x
-5.2x

Key takeaways

  • Gordonsville, Smith County, TN has a higher-grm screening profile: At 25.0x 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 $45 year over year.
  • Rent in Gordonsville, TN is 11.8% lower than Carthage, TN.