Groundwork

Market rankings · Tennessee

Real estate businesses in Tennessee

Markets across Tennessee ranked by the Groundwork market score for real estate businesses, with competitor counts and household spending for each.

Listings
10,377
709 chain locations (7%)
Official establishments
3,838
+19.2% since 2019
Household spending a year
$41.9B
On rent and homeowner costs
Listings per 10k households
36.7
5% below the U.S.
Housing spending per listing (U.S. = 100)
93
7% below the U.S.
Rank among states
#20 of 51
Market score 55 · Upper middle

A site report maps the real estate businesses on map listings around any address in Tennessee by name and distance, and the spending within reach.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 10,377 real estate businesses in Tennessee. Of those, 709 are chain locations, or 7%, against 6% across the U.S. That comes to 36.7 for every 10,000 households, 5% below the U.S. rate of 38.5.

Household spending on rent and homeowner costs in Tennessee comes to about $41.9B a year: $14,833 per household, 11% below the U.S. average. Housing spending per office is 7% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

Official counts show 3,838 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in Tennessee in 2023, up 19.2% from 2019. That is one for every 736 households, against one for every 414 across the U.S. Across the U.S., the count rose 15.8% over the same years. Since fiscal 2022, 50 SBA-backed loans worth $22.3M have gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in Tennessee.

Among the 50 states and DC, Tennessee ranks #20 for real estate businesses, with a Groundwork market score of 55 (upper middle). Of the 10 scored metro areas in or partly in Tennessee, the Morristown metro area scores highest (72). Of the 17 scored small-town markets in or partly in Tennessee, the Shelbyville area scores highest (81).

Every market in Tennessee for real estate businesses

Download the ranking (CSV)

Numbered by Groundwork market score among the markets based in Tennessee, highest first; the U.S. rank compares each market with every other of its kind. A metro area that crosses a state line is listed in each state it reaches, and numbered only in the state its page is under. How the score works.

Metro areas

Metro areas reaching Tennessee, ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Morristown, TN7210822.5142+7.9%#32 of 387
2Kingsport-Bristol, TN-VA6923918.3174+2.3%#38 of 387
3Cleveland, TN6514028.0117+6.1%#60 of 387
4Jackson, TN5719026.2122+2.2%#119 of 387
5Memphis, TN-MS-AR531,52829.2116−0.3%#155 of 387
6Johnson City, TN5228832.498+4.3%#166 of 387
7Knoxville, TN521,42937.892+6.9%#167 of 387
8Chattanooga, TN-GA5088938.490+5.3%#185 of 387
9Clarksville, TN-KY4853042.478+8.5%#208 of 387
10Nashville-Davidson–Murfreesboro–Franklin, TN454,12449.775+8.7%#239 of 387

Small-town markets

Small-town markets reaching Tennessee, ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Shelbyville, TN813115.9209+9.7%#7 of 536
2Lewisburg, TN752619.1178+10.5%#31 of 536
3Dyersburg, TN701812.2259−1.1%#48 of 536
4Fayetteville, TN702919.5168+4.3%#50 of 536
5Winchester, TN703620.6158+6.4%#51 of 536
6McMinnville, TN673219.7156+6.5%#69 of 536
7Newport, TN662717.4169+5.1%#80 of 536
8Martin, TN632115.7193+1.1%#104 of 536
9Athens, TN636624.9129+8.2%#110 of 536
10Union City, TN591612.8238−2.3%#140 of 536
11Tullahoma-Manchester, TN577127.5115+7.3%#173 of 536
12Greeneville, TN546723.6131+5.0%#218 of 536
13Lawrenceburg, TN544425.9119+6.2%#221 of 536
14Cookeville, TN5016227.6113+7.6%#272 of 536
15Paris, TN442921.6140+2.3%#333 of 536
16Crossville, TN3910135.888+8.0%#407 of 536
17Sevierville, TN3024260.054+2.5%#508 of 536

Counties

Counties in Tennessee, ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Hickman County, TN8055.3620+5.0%#18 of 2,229
2Hawkins County, TN80177.2430+5.0%#19 of 2,229
3Union County, TN8067.6421+8.1%#20 of 2,229
4Fayette County, TN802112.2297+7.7%#25 of 2,229
5Smith County, TN80911.3295+5.1%#26 of 2,229
6Bedford County, TN773115.9209+9.7%#74 of 2,229
7Polk County, TN7679.4343+5.9%#81 of 2,229
8Gibson County, TN752311.3283+2.7%#104 of 2,229
9Grainger County, TN7477.2418+9.2%#119 of 2,229
10Sequatchie County, TN7469.7322+12.7%#123 of 2,229
11Macon County, TN741111.7270+9.5%#125 of 2,229
12Marshall County, TN722619.1178+10.5%#170 of 2,229
13Humphreys County, TN711115.2212+3.4%#190 of 2,229
14Jefferson County, TN713616.5200+9.3%#192 of 2,229
15Overton County, TN7099.9310+5.3%#201 of 2,229
16Marion County, TN701311.0291+3.2%#203 of 2,229
17Lewis County, TN70611.1276+7.0%#205 of 2,229
18Anderson County, TN705817.7190+6.1%#215 of 2,229
19Tipton County, TN693716.3208+2.0%#241 of 2,229
20Giles County, TN692419.9166+3.6%#248 of 2,229
21Loudon County, TN695522.9158+15.6%#251 of 2,229
22Johnson County, TN681013.7222+4.1%#275 of 2,229
23Bledsoe County, TN67612.4246+6.5%#299 of 2,229
24Cheatham County, TN673521.5167+4.1%#315 of 2,229
25Robertson County, TN676221.9162+9.9%#317 of 2,229
Show all 95 counties
Counties in Tennessee, ranked for real estate businesses by Groundwork market score, continued
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
26Franklin County, TN673620.6158+6.4%#319 of 2,229
27Roane County, TN675423.7143+7.0%#320 of 2,229
28Carter County, TN662510.2291+1.7%#330 of 2,229
29Stewart County, TN66815.0214+5.3%#346 of 2,229
30Lincoln County, TN662919.5168+4.3%#353 of 2,229
31Dyer County, TN651812.2259−1.1%#368 of 2,229
32Claiborne County, TN651913.8217+3.6%#379 of 2,229
33Warren County, TN643219.7156+6.5%#425 of 2,229
34White County, TN642320.5149+7.9%#427 of 2,229
35Cocke County, TN632717.4169+5.1%#468 of 2,229
36Monroe County, TN633919.8156+7.2%#470 of 2,229
37Campbell County, TN622212.8235+2.5%#492 of 2,229
38Blount County, TN6214926.8131+6.0%#519 of 2,229
39McNairy County, TN6199.1337+1.4%#526 of 2,229
40Maury County, TN6111126.2132+16.0%#554 of 2,229
41Carroll County, TN601714.7207+2.7%#568 of 2,229
42Chester County, TN591015.6201+3.5%#618 of 2,229
43Weakley County, TN582115.7193+1.1%#661 of 2,229
44McMinn County, TN576229.2110+7.6%#742 of 2,229
45Obion County, TN561612.8238−2.3%#753 of 2,229
46Benton County, TN54912.6236+2.1%#853 of 2,229
47Rhea County, TN543123.0134+4.6%#876 of 2,229
48Greene County, TN546723.6131+5.0%#879 of 2,229
49Sullivan County, TN5417425.3128+3.5%#880 of 2,229
50Lawrence County, TN544425.9119+6.2%#887 of 2,229
51Coffee County, TN547130.7103+7.4%#890 of 2,229
52Bradley County, TN5313331.2105+6.1%#948 of 2,229
53Fentress County, TN521417.9160+9.7%#981 of 2,229
54Dickson County, TN528639.588+7.7%#1,011 of 2,229
55Rutherford County, TN5156343.584+12.6%#1,051 of 2,229
56Lauderdale County, TN5088.6347−2.0%#1,052 of 2,229
57Hamblen County, TN497227.5114+6.7%#1,151 of 2,229
58Sumner County, TN4931840.592+9.2%#1,157 of 2,229
59Grundy County, TN48917.4167+4.3%#1,169 of 2,229
60Haywood County, TN471318.1166−4.4%#1,212 of 2,229
61Henderson County, TN462220.1152+2.5%#1,274 of 2,229
62Henry County, TN462921.6140+2.3%#1,282 of 2,229
63Wilson County, TN4628347.980+17.8%#1,324 of 2,229
64Putnam County, TN4512737.884+8.1%#1,369 of 2,229
65Montgomery County, TN4446653.165+13.0%#1,429 of 2,229
66Decatur County, TN43919.7149+3.4%#1,450 of 2,229
67Hardin County, TN432724.5122+3.8%#1,466 of 2,229
68DeKalb County, TN432528.9106+8.4%#1,473 of 2,229
69Washington County, TN4126146.071+6.0%#1,592 of 2,229
70Cumberland County, TN4010135.888+8.0%#1,638 of 2,229
71Hamilton County, TN4077550.371+6.2%#1,646 of 2,229
72Knox County, TN391,07553.466+6.5%#1,708 of 2,229
73Williamson County, TN391,045113.340+9.0%#1,715 of 2,229
74Davidson County, TN371,59349.074+4.2%#1,814 of 2,229
75Shelby County, TN341,22133.7100−2.1%#1,925 of 2,229
76Madison County, TN3415538.683+2.0%#1,936 of 2,229
77Sevier County, TN2524260.054+2.5%#2,184 of 2,229
Hardeman County, TNNot scored44.4664−0.6%
Scott County, TNNot scored33.4826+3.6%
Morgan County, TNNot scored34.2771+5.3%
Unicoi County, TNNot scored22.61,205−0.1%
Wayne County, TNNot scored23.3905+1.2%
Cannon County, TNNot scored35.2607+5.0%
Crockett County, TNNot scored23.6867+0.7%
Meigs County, TNNot scored47.6419+10.8%
Jackson County, TNNot scored36.3478+7.1%
Trousdale County, TNNot scored00.0n/a+8.4%
Perry County, TNNot scored513.9223+8.9%
Houston County, TNNot scored26.0536+2.2%
Clay County, TNNot scored38.6324+3.1%
Hancock County, TNNot scored414.1192+6.7%
Moore County, TNNot scored00.0n/a+6.9%
Lake County, TNNot scored314.5183−10.6%
Van Buren County, TNNot scored311.7260+11.3%
Pickett County, TNNot scored523.1126+4.3%

Markets with fewer than 5 real estate businesses on map listings, and counties under 10,000 people, aren’t scored; they’re listed last in each table.

Questions

How many real estate businesses are in Tennessee?

There are 10,377 real estate businesses on map listings in Tennessee as of September 2026. 709 of them (7%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 3,838 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 19.2% from 2019. Official counts also show 36,176 one-person businesses without payroll.

How much do households in Tennessee spend on rent and homeowner costs?

About $41.9B a year, or $14,833 per household. That is 11% below the U.S. average (an index of 89, where 100 is the U.S. average). For the 10,377 real estate businesses on map listings, housing spending per office is 7% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 2,824,277 households in Tennessee and national spending patterns by income.

How does Tennessee compare with the U.S. for real estate businesses?

Tennessee has 36.7 real estate businesses per 10,000 households, 5% below the U.S. rate of 38.5. The index of housing spending per office is 93, where 100 is the U.S. At the national ratio of real estate businesses to household spending, Tennessee would have about 9,671, against 10,377 on map listings. There is one business with payroll in the industry for every 736 households, against one for every 414 across the U.S. The official count rose 19.2% from 2019 to 2023, against +15.8% for the U.S.

Which market in Tennessee has the highest market score for real estate businesses?

Among 10 scored metro areas in or partly in Tennessee, the Morristown metro area scores highest, at 72 (upper middle). Among 17 scored small-town markets in or partly in Tennessee, the Shelbyville area scores highest, at 81 (high). Among 77 scored counties in Tennessee, Hickman County scores highest, at 80 (high). Scores compare each market with others of its kind across the U.S.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Tennessee scores 55 for real estate businesses (upper middle), #20 of the 50 states and DC.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Tennessee. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

Real estate in other states

All 51 states

Top markets for real estate businesses across the U.S. · All business types in Tennessee

Screening a site or an acquisition in Tennessee?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

Run a site report See plans
Free10 actions over 3 days, no card

Screening many markets at once? Talk to us

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.