Grundy County, Tennessee home prices
Typical home $206,810 · +3.1% in a year · property tax 0.38%
The typical home in Grundy County is worth $206,810, 37% less than the Tennessee typical home ($330,844). Values changed +3.1% in the past year and +23.4% over five years. Homeowners here pay a median 0.38% of their home's value in property tax each year ($787 on the typical home), versus 0.46% statewide.
Mortgage on the typical Grundy County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $41,362 | $165,448 | $1,113 | $0 | $169 | $1,282 | $54,900 |
| 10% down | $20,681 | $186,129 | $1,252 | $78 | $169 | $1,499 | $64,200 |
| 5% down | $10,341 | $196,470 | $1,322 | $82 | $169 | $1,573 | $67,400 |
| 3.5% down (FHA) | $7,238 | $203,064 | $1,366 | $91 | $169 | $1,626 | $69,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.38% 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.
Tennessee counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hardin County | $207,630 | +2.4% | 0.41% |
| Clay County | $209,475 | +5.6% | 0.56% |
| Morgan County | $210,307 | +4.4% | 0.52% |
| Henderson County | $213,136 | +7.2% | 0.48% |
| Shelby County | $215,732 | -1.2% | 0.98% |
| Henry County | $221,770 | +6.7% | 0.44% |
| Scott County | $191,085 | +5.6% | 0.51% |
| Crockett County | $190,919 | +6.5% | 0.59% |
| Madison County | $222,721 | -1.1% | 0.56% |
| Claiborne County | $223,829 | +3.7% | 0.49% |
Frequently asked questions
What is the average home price in Grundy County, TN?
The typical home value in Grundy County is $206,810 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Grundy County?
About $54,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Grundy County?
The median effective rate is 0.38% of home value a year (Census ACS 2024 5-year estimates).