Henry County, Tennessee home prices
Typical home $221,770 · +6.7% in a year · property tax 0.44%
The typical home in Henry County is worth $221,770, 33% less than the Tennessee typical home ($330,844). Values changed +6.7% in the past year and +35.4% over five years. Homeowners here pay a median 0.44% of their home's value in property tax each year ($976 on the typical home), versus 0.46% statewide.
Mortgage on the typical Henry County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $44,354 | $177,416 | $1,193 | $0 | $192 | $1,386 | $59,400 |
| 10% down | $22,177 | $199,593 | $1,343 | $83 | $192 | $1,618 | $69,300 |
| 5% down | $11,088 | $210,681 | $1,417 | $88 | $192 | $1,697 | $72,700 |
| 3.5% down (FHA) | $7,762 | $217,753 | $1,465 | $98 | $192 | $1,755 | $75,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.44% 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 Paris metro area.
Tennessee counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Madison County | $222,721 | -1.1% | 0.56% |
| Claiborne County | $223,829 | +3.7% | 0.49% |
| Jackson County | $225,655 | +3.2% | 0.46% |
| Shelby County | $215,732 | -1.2% | 0.98% |
| Van Buren County | $228,836 | +1.0% | 0.44% |
| Houston County | $229,483 | +8.2% | 0.54% |
| Henderson County | $213,136 | +7.2% | 0.48% |
| Morgan County | $210,307 | +4.4% | 0.52% |
| Clay County | $209,475 | +5.6% | 0.56% |
| Hardin County | $207,630 | +2.4% | 0.41% |
Frequently asked questions
What is the average home price in Henry County, TN?
The typical home value in Henry County is $221,770 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Henry County?
About $59,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Henry County?
The median effective rate is 0.44% of home value a year (Census ACS 2024 5-year estimates).