Carter County, Tennessee home prices
Typical home $238,959 · -0.3% in a year · property tax 0.51%
The typical home in Carter County is worth $238,959, 28% less than the Tennessee typical home ($330,844). Values changed -0.3% in the past year and +31.8% over five years. Homeowners here pay a median 0.51% of their home's value in property tax each year ($1,227 on the typical home), versus 0.46% statewide.
Mortgage on the typical Carter County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $47,792 | $191,168 | $1,286 | $0 | $222 | $1,508 | $64,600 |
| 10% down | $23,896 | $215,063 | $1,447 | $90 | $222 | $1,758 | $75,300 |
| 5% down | $11,948 | $227,011 | $1,527 | $95 | $222 | $1,843 | $79,000 |
| 3.5% down (FHA) | $8,364 | $234,631 | $1,578 | $106 | $222 | $1,906 | $81,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.51% 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 Johnson City metro area.
Tennessee counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Cocke County | $241,556 | +4.1% | 0.57% |
| Unicoi County | $242,109 | +2.7% | 0.52% |
| Johnson County | $242,344 | +2.7% | 0.4% |
| Campbell County | $242,885 | +4.0% | 0.37% |
| Lawrence County | $243,136 | +4.0% | 0.53% |
| Fentress County | $243,554 | +2.8% | 0.32% |
| Lewis County | $243,690 | +2.9% | 0.48% |
| Bledsoe County | $246,774 | +7.2% | 0.36% |
| Hawkins County | $247,127 | +5.8% | 0.54% |
| Greene County | $247,189 | +2.2% | 0.43% |
Frequently asked questions
What is the average home price in Carter County, TN?
The typical home value in Carter County is $238,959 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Carter County?
About $64,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Carter County?
The median effective rate is 0.51% of home value a year (Census ACS 2024 5-year estimates).