Gibson County, Tennessee home prices
Typical home $178,894 · +2.1% in a year · property tax 0.66%
The typical home in Gibson County is worth $178,894, 46% less than the Tennessee typical home ($330,844). Values changed +2.1% in the past year and +19.7% over five years. Homeowners here pay a median 0.66% of their home's value in property tax each year ($1,185 on the typical home), versus 0.46% statewide.
Mortgage on the typical Gibson County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,779 | $143,116 | $963 | $0 | $188 | $1,151 | $49,300 |
| 10% down | $17,889 | $161,005 | $1,083 | $67 | $188 | $1,338 | $57,400 |
| 5% down | $8,945 | $169,950 | $1,143 | $71 | $188 | $1,402 | $60,100 |
| 3.5% down (FHA) | $6,261 | $175,654 | $1,182 | $79 | $188 | $1,449 | $62,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.66% 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 Jackson metro area.
Tennessee counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Carroll County | $177,700 | +2.5% | 0.58% |
| Decatur County | $180,599 | +7.3% | 0.46% |
| Wayne County | $180,980 | +6.3% | 0.49% |
| Hancock County | $176,431 | +9.4% | 0.45% |
| Dyer County | $175,680 | +3.5% | 0.63% |
| Haywood County | $175,513 | +4.1% | 0.62% |
| McNairy County | $172,914 | +5.6% | 0.38% |
| Hickman County | $186,108 | +2.8% | 0.46% |
| Perry County | $170,720 | +2.2% | 0.53% |
| Weakley County | $189,627 | +6.5% | 0.48% |
Frequently asked questions
What is the average home price in Gibson County, TN?
The typical home value in Gibson County is $178,894 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Gibson County?
About $49,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Gibson County?
The median effective rate is 0.66% of home value a year (Census ACS 2024 5-year estimates).