Lawrenceburg, TN home prices
Typical home $243,126 · +3.9% in a year · income needed $65,800
The Lawrenceburg, TN metro area ranks 477 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.9% in a year and +29.3% over five years. With 20% down at 7.11%, the typical home costs about $1,536 a month including 0.53% property tax (Lawrence County rate).
Mortgage on the typical Lawrenceburg home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $48,625 | $194,501 | $1,308 | $0 | $228 | $1,536 | $65,800 |
| 10% down | $24,313 | $218,813 | $1,472 | $91 | $228 | $1,791 | $76,800 |
| 5% down | $12,156 | $230,969 | $1,554 | $96 | $228 | $1,878 | $80,500 |
| 3.5% down (FHA) | $8,509 | $238,722 | $1,606 | $108 | $228 | $1,941 | $83,200 |
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.
Counties in the Lawrenceburg area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lawrence County, TN | $243,136 | +4.0% | 0.53% |
What can you afford in Tennessee on your salary? · Tennessee home prices · Salaries in Tennessee
Frequently asked questions
How much is a house in Lawrenceburg?
The typical home in the Lawrenceburg, TN metro area is worth $243,126 (Zillow, September 2026).
What salary do you need to buy a house in Lawrenceburg?
About $65,800 a year for the typical home with 20% down at 7.11%.