Jefferson County, Tennessee home prices
Typical home $334,422 · +2.0% in a year · property tax 0.43%
The typical home in Jefferson County is worth $334,422, about the same as the Tennessee typical home ($330,844). Values changed +2.0% in the past year and +34.0% over five years. Homeowners here pay a median 0.43% of their home's value in property tax each year ($1,426 on the typical home), versus 0.46% statewide.
Mortgage on the typical Jefferson County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $66,884 | $267,537 | $1,800 | $0 | $286 | $2,086 | $89,400 |
| 10% down | $33,442 | $300,979 | $2,025 | $125 | $286 | $2,436 | $104,400 |
| 5% down | $16,721 | $317,700 | $2,137 | $132 | $286 | $2,556 | $109,500 |
| 3.5% down (FHA) | $11,705 | $328,364 | $2,209 | $148 | $286 | $2,643 | $113,300 |
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 Morristown metro area.
Tennessee counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bedford County | $326,906 | +0.9% | 0.48% |
| Cannon County | $323,400 | +7.4% | 0.43% |
| Hamilton County | $348,511 | -1.0% | 0.62% |
| Montgomery County | $318,644 | +0.4% | 0.61% |
| Marshall County | $318,501 | +2.3% | 0.48% |
| Franklin County | $315,281 | +2.5% | 0.53% |
| Moore County | $355,337 | +7.2% | 0.45% |
| Bradley County | $313,180 | +1.4% | 0.45% |
| Anderson County | $313,013 | +3.0% | 0.54% |
| Trousdale County | $356,334 | +4.5% | 0.35% |
Frequently asked questions
What is the average home price in Jefferson County, TN?
The typical home value in Jefferson County is $334,422 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Jefferson County?
About $89,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Jefferson County?
The median effective rate is 0.43% of home value a year (Census ACS 2024 5-year estimates).