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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

Oliver Springs, TN Housing Affordability Index

Oliver Springs, Tennessee has an MBR Housing Affordability Index score of 124.2 (Highly Affordable) as of October 30, 2026, ranking 227th most affordable of 380 scored Tennessee cities, compared with 103.7 statewide and 97.4 nationally. On a median-priced $180,900 home with 20% down, the Tennessee average 30-year fixed rate of 7.18% means a monthly principal and interest payment of about $981, or 23% of the city’s $51,183 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Oliver Springs 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.

Oliver Springs MBR-HAI 124.2 Highly Affordable
Rank in Tennessee 227 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 $180,900 U.S. Census Bureau

Oliver Springs is 20.5 points above the Tennessee score. Scores as of October 30, 2026. See the Tennessee index

View Oliver Springs Mortgage Rates

What It Takes to Buy in Oliver Springs

$981/mo
Principal & Interest
Median home, 20% down, 7.18%
$42,000
Income Needed
To keep the payment at 28% of income
$51,183
Median Household Income
Tennessee: $69,595
3.5x
Price-to-Income Ratio
Tennessee: 4.1x
$980/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,262/yr
Median Property Tax
0.70% of median value
22.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
22.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Oliver Springs, Tennessee. The rate is the Tennessee average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Oliver Springs Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Oliver Springs, Tennessee score: 124.2 (Highly Affordable), ranked 227 of 380 Tennessee cities. monitorbankrates.com/housing-affordability-index/tennessee/oliver-springs”