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Housing in Banner Hill

10 homes sold in Banner Hill in the last year, at a typical $261K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Banner Hill homes are listed.

Homes sold
10
October 2025 to September 2026
Typical sale price
$261K
median, weighted by sales
Price per square foot
$173
Tennessee $208
Paid vs. asking
95%
7% sold over asking
For sale now
1
September 2026 · 0 sold that month
What sold · last 12 months

Houses are 100% of Banner Hill’s sales, at a typical $221K (year to May 2026)

10 homes sold in the year to September 2026.

Houses$221K

typical sale · 14 sold in the year to May 2026

Per square foot
$153TN $209
Days to sell
71
Sold over asking
0%
Listings with a price cut
40%
4 years of sales

Fewer homes sell than before 2025, at 1.6 times the 2021 price

10 sales in the last year, against 21 in 2024 and a low of 19 in 2021. The typical sale went from $167K in 2021 to $261K.

Homes soldTypical sale price
012253750$150K$200K$250K$300K2021: 19 sold, typical $167K’212022: 20 sold, typical $175K2023: 20 sold, typical $164K’232024: 21 sold, typical $163KLast 12 months: 10 sold, typical $261KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $250K buys in Banner Hill

Houseat $153 a sq ft, year to May 2026
The same money in Tennesseeat $209 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Banner Hill homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Banner Hill home costs about $1,464 a month

Mortgage
Property tax
Insurance
Rent

Price: Banner Hill’s typical sale, last 12 months. Property tax at Banner Hill’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Banner Hill is affordable on local pay is on Cost of living.

Before you buy in Banner Hill

Five things worth knowing

0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $261K home, about $1,230 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Banner Hill, from test results, graduation and how much students grow.

Schools in Banner Hill
26 min

Typical commute

The average one-way trip to work for people who live in Banner Hill.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Banner Hill, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Banner Hill. People who follow the town see it, and so do people comparing Banner Hill with their own town. No commission, no listing fee.

Questions about buying a home in Banner Hill

What do homes sell for in Banner Hill, TN?

10 homes sold in the year to September 2026 at a typical $261K, $173 a square foot.

Is Banner Hill a buyer’s or seller’s market?

A seller’s market: 1 homes were for sale in September 2026 and 0 sold, about 1 months of supply. Buyers paid 95% of asking on average.

How much are property taxes in Banner Hill?

About 0.5% of a home’s value a year. On a $261K home that’s near $1,230.

Where can I see homes for sale in Banner Hill?

Zillow, Redfin, Realtor.com and Homes.com all carry Banner Hill’s MLS listings; the search links above open each one filtered to Banner Hill.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).