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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Oak Hill, TN Housing Affordability Index

Oak Hill, Tennessee has an MBR Housing Affordability Index score of 136.4 (Highly Affordable) as of October 30, 2026, ranking 164th most affordable of 380 scored Tennessee cities, compared with 103.7 statewide and 97.4 nationally. On a median-priced $1,199,600 home with 20% down, a jumbo loan at 7.43% means a monthly principal and interest payment of about $6,667, or 37% of the city’s $215,530 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Oak Hill is updated every night from live Tennessee mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Oak Hill MBR-HAI 136.4 Highly Affordable
Rank in Tennessee 164 of 380 1 = most affordable
Tennessee 103.7 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.18% Tennessee lenders
Median home value $1,199,600 U.S. Census Bureau

Oak Hill is 32.7 points above the Tennessee score. Scores as of October 30, 2026. See the Tennessee index

View Oak Hill Mortgage Rates

What It Takes to Buy in Oak Hill

$6,667/mo
Principal & Interest
Median home, 20% down, 7.43% jumbo
$285,700
Income Needed
To keep the payment at 28% of income
$215,530
Median Household Income
Tennessee: $69,595
5.6x
Price-to-Income Ratio
Tennessee: 4.1x
$2,501/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$6,802/yr
Median Property Tax
0.57% of median value
25.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
4.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Oak Hill, Tennessee. The rate is the Tennessee average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state. A 20% down loan on the median home here is above the $832,750 conforming limit, so the index adds 0.25% for jumbo pricing.

Cite the Oak Hill Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Oak Hill, Tennessee score: 136.4 (Highly Affordable), ranked 164 of 380 Tennessee cities. monitorbankrates.com/housing-affordability-index/tennessee/oak-hill”