Cannon County, Tennessee home prices
Typical home $323,400 · +7.4% in a year · property tax 0.43%
The typical home in Cannon County is worth $323,400, 2% less than the Tennessee typical home ($330,844). Values changed +7.4% in the past year and +38.1% over five years. Homeowners here pay a median 0.43% of their home's value in property tax each year ($1,377 on the typical home), versus 0.46% statewide.
Mortgage on the typical Cannon County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $64,680 | $258,720 | $1,740 | $0 | $276 | $2,017 | $86,400 |
| 10% down | $32,340 | $291,060 | $1,958 | $121 | $276 | $2,356 | $101,000 |
| 5% down | $16,170 | $307,230 | $2,067 | $128 | $276 | $2,471 | $105,900 |
| 3.5% down (FHA) | $11,319 | $317,543 | $2,136 | $143 | $276 | $2,556 | $109,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.43% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Tennessee · part of the Nashville metro area.
Tennessee counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bedford County | $326,906 | +0.9% | 0.48% |
| Montgomery County | $318,644 | +0.4% | 0.61% |
| Marshall County | $318,501 | +2.3% | 0.48% |
| Franklin County | $315,281 | +2.5% | 0.53% |
| Bradley County | $313,180 | +1.4% | 0.45% |
| Anderson County | $313,013 | +3.0% | 0.54% |
| Jefferson County | $334,422 | +2.0% | 0.43% |
| Putnam County | $312,125 | +1.2% | 0.48% |
| Coffee County | $308,088 | +1.6% | 0.57% |
| Smith County | $307,229 | +4.7% | 0.47% |
Frequently asked questions
What is the average home price in Cannon County, TN?
The typical home value in Cannon County is $323,400 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Cannon County?
About $86,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Cannon County?
The median effective rate is 0.43% of home value a year (Census ACS 2024 5-year estimates).