Roane County, Tennessee home prices
Typical home $296,784 · +4.5% in a year · property tax 0.53%
The typical home in Roane County is worth $296,784, 10% less than the Tennessee typical home ($330,844). Values changed +4.5% in the past year and +32.7% over five years. Homeowners here pay a median 0.53% of their home's value in property tax each year ($1,558 on the typical home), versus 0.46% statewide.
Mortgage on the typical Roane County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,357 | $237,427 | $1,597 | $0 | $278 | $1,875 | $80,400 |
| 10% down | $29,678 | $267,105 | $1,797 | $111 | $278 | $2,186 | $93,700 |
| 5% down | $14,839 | $281,945 | $1,897 | $117 | $278 | $2,292 | $98,200 |
| 3.5% down (FHA) | $10,387 | $291,408 | $1,960 | $131 | $278 | $2,370 | $101,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.53% 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 Knoxville metro area.
Tennessee counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Dekalb County | $298,340 | +2.1% | 0.35% |
| Meigs County | $299,889 | +6.0% | 0.39% |
| Union County | $291,876 | +2.4% | 0.37% |
| Washington County | $305,353 | +1.9% | 0.52% |
| Cumberland County | $306,289 | +0.8% | 0.29% |
| Monroe County | $286,339 | +5.2% | 0.41% |
| Smith County | $307,229 | +4.7% | 0.47% |
| Coffee County | $308,088 | +1.6% | 0.57% |
| Sequatchie County | $281,765 | +2.9% | 0.45% |
| Putnam County | $312,125 | +1.2% | 0.48% |
Frequently asked questions
What is the average home price in Roane County, TN?
The typical home value in Roane County is $296,784 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Roane County?
About $80,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Roane County?
The median effective rate is 0.53% of home value a year (Census ACS 2024 5-year estimates).