"Home Is Where You Hang Your Heart" (Rachel Kalem/Danny Weiss), performed by the bluegrass band Skyline (a.k.a. Tony Trischka & Skyline), appears on their album "Fire of Grace" (1989). Kalem and Weiss are members of Skyline. Here's an excerpt, with a couple of gaps:

How long ... winds on out of town.
You begin to wonder what went what went wrong ... sun goes down
This empty ache inside you it's tearing you apart.
Before you go, you need to know: home is where you hang your heart.

However, I doubt that it's the song you want.

This page says "Home Is Where You Hang Your Heart" was recorded in 1956 by the R&B group The Dominoes (a.k.a. Billy Ward and the Dominoes) as the flip side of "St. Therese of the Roses" (Decca 29933). I couldn't find any sound samples, lyrics, or author; I couldn't determine whether it's available on a CD; and I can't determine whether it's the same song that Skyline recorded. However I did find a few sites that advertised the 45 for sale:

http://business.fortunecity.com/turn/243/q-z.htm

http://www.collectiblerecords.com/45LetterTZ.htm

http://yoursongscollectibles.com/wardbilly.html

http://www.encorerecords.net/or-w.htm