Meigs County, Tennessee home prices
Typical home $299,889 · +6.0% in a year · property tax 0.39%
The typical home in Meigs County is worth $299,889, 9% less than the Tennessee typical home ($330,844). Values changed +6.0% in the past year and +26.2% over five years. Homeowners here pay a median 0.39% of their home's value in property tax each year ($1,155 on the typical home), versus 0.46% statewide.
Mortgage on the typical Meigs County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,978 | $239,911 | $1,614 | $0 | $246 | $1,860 | $79,700 |
| 10% down | $29,989 | $269,900 | $1,816 | $112 | $246 | $2,174 | $93,200 |
| 5% down | $14,994 | $284,894 | $1,917 | $119 | $246 | $2,281 | $97,800 |
| 3.5% down (FHA) | $10,496 | $294,457 | $1,981 | $133 | $246 | $2,360 | $101,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.39% 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 |
|---|---|---|---|
| Dekalb County | $298,340 | +2.1% | 0.35% |
| Roane County | $296,784 | +4.5% | 0.53% |
| Washington County | $305,353 | +1.9% | 0.52% |
| Cumberland County | $306,289 | +0.8% | 0.29% |
| Smith County | $307,229 | +4.7% | 0.47% |
| Union County | $291,876 | +2.4% | 0.37% |
| Coffee County | $308,088 | +1.6% | 0.57% |
| Putnam County | $312,125 | +1.2% | 0.48% |
| Anderson County | $313,013 | +3.0% | 0.54% |
| Bradley County | $313,180 | +1.4% | 0.45% |
Frequently asked questions
What is the average home price in Meigs County, TN?
The typical home value in Meigs County is $299,889 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Meigs County?
About $79,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Meigs County?
The median effective rate is 0.39% of home value a year (Census ACS 2024 5-year estimates).