Tennessee home prices and mortgage costs
Typical home value $330,844 · +0.6% in a year · property tax 0.46%
Typical home value
$330,844
Payment (20% down)
$2,072
Income needed
$88,800
Tennessee ranks 29th most expensive of 51 states and D.C. Home values changed +0.6% over the past year and +23.4% over five years. Buying the typical home with 20% down costs about $2,072 a month at 7.11%, which needs a household income of about $88,800.
Cost of the typical Tennessee home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $66,169 | $264,675 | $1,780 | $0 | $291 | $2,072 | $88,800 |
| 10% down | $33,084 | $297,760 | $2,003 | $124 | $291 | $2,418 | $103,600 |
| 5% down | $16,542 | $314,302 | $2,114 | $131 | $291 | $2,537 | $108,700 |
| 3.5% down (FHA) | $11,580 | $324,852 | $2,185 | $146 | $291 | $2,623 | $112,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.46% 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.
Check a specific budget: how much house you can afford in Tennessee by salary · payment on a $350K home in Tennessee
Home prices by county in Tennessee
| County | Typical home | 1-yr change | Tax rate | Payment / month | Income needed |
|---|---|---|---|---|---|
| Williamson County | $916,175 | +2.9% | 0.4% | $5,694 | $244,000 |
| Wilson County | $496,100 | +0.7% | 0.42% | $3,090 | $132,400 |
| Loudon County | $449,541 | +1.4% | 0.33% | $2,769 | $118,700 |
| Sumner County | $441,082 | +0.6% | 0.51% | $2,780 | $119,100 |
| Davidson County | $424,273 | -2.6% | 0.6% | $2,708 | $116,000 |
| Rutherford County | $413,437 | -0.6% | 0.48% | $2,597 | $111,300 |
| Sevier County | $406,731 | -0.0% | 0.28% | $2,486 | $106,500 |
| Maury County | $400,294 | +1.1% | 0.45% | $2,503 | $107,300 |
| Cheatham County | $395,014 | +1.9% | 0.47% | $2,477 | $106,200 |
| Blount County | $393,019 | +2.8% | 0.45% | $2,460 | $105,400 |
| Knox County | $376,337 | +1.2% | 0.43% | $2,347 | $100,600 |
| Robertson County | $369,103 | +0.3% | 0.47% | $2,316 | $99,200 |
| Fayette County | $367,601 | -0.8% | 0.33% | $2,265 | $97,100 |
| Dickson County | $357,734 | +1.8% | 0.47% | $2,243 | $96,100 |
| Trousdale County | $356,334 | +4.5% | 0.35% | $2,198 | $94,200 |
| Moore County | $355,337 | +7.2% | 0.45% | $2,224 | $95,300 |
| Hamilton County | $348,511 | -1.0% | 0.62% | $2,229 | $95,500 |
| Jefferson County | $334,422 | +2.0% | 0.43% | $2,086 | $89,400 |
| Bedford County | $326,906 | +0.9% | 0.48% | $2,053 | $88,000 |
| Cannon County | $323,400 | +7.4% | 0.43% | $2,017 | $86,400 |
| Montgomery County | $318,644 | +0.4% | 0.61% | $2,035 | $87,200 |
| Marshall County | $318,501 | +2.3% | 0.48% | $2,001 | $85,800 |
| Franklin County | $315,281 | +2.5% | 0.53% | $1,993 | $85,400 |
| Bradley County | $313,180 | +1.4% | 0.45% | $1,960 | $84,000 |
| Anderson County | $313,013 | +3.0% | 0.54% | $1,981 | $84,900 |
| Putnam County | $312,125 | +1.2% | 0.48% | $1,961 | $84,100 |
| Coffee County | $308,088 | +1.6% | 0.57% | $1,958 | $83,900 |
| Smith County | $307,229 | +4.7% | 0.47% | $1,926 | $82,600 |
| Cumberland County | $306,289 | +0.8% | 0.29% | $1,876 | $80,400 |
| Washington County | $305,353 | +1.9% | 0.52% | $1,929 | $82,700 |
| Meigs County | $299,889 | +6.0% | 0.39% | $1,860 | $79,700 |
| Dekalb County | $298,340 | +2.1% | 0.35% | $1,842 | $78,900 |
| Roane County | $296,784 | +4.5% | 0.53% | $1,875 | $80,400 |
| Union County | $291,876 | +2.4% | 0.37% | $1,806 | $77,400 |
| Monroe County | $286,339 | +5.2% | 0.41% | $1,782 | $76,400 |
| Sequatchie County | $281,765 | +2.9% | 0.45% | $1,763 | $75,600 |
| Grainger County | $280,819 | +5.9% | 0.48% | $1,763 | $75,600 |
| White County | $276,288 | +6.0% | 0.4% | $1,718 | $73,600 |
| Hamblen County | $269,584 | +2.9% | 0.41% | $1,677 | $71,900 |
| Tipton County | $268,759 | +1.1% | 0.5% | $1,693 | $72,600 |
| Macon County | $260,164 | +3.3% | 0.39% | $1,614 | $69,200 |
| Rhea County | $258,525 | +3.5% | 0.43% | $1,614 | $69,200 |
| Sullivan County | $257,715 | -0.5% | 0.58% | $1,640 | $70,300 |
| Lincoln County | $257,515 | +3.4% | 0.45% | $1,612 | $69,100 |
| McMinn County | $256,264 | +3.7% | 0.35% | $1,583 | $67,800 |
| Marion County | $254,750 | +1.2% | 0.43% | $1,589 | $68,100 |
| Warren County | $254,138 | +2.1% | 0.42% | $1,583 | $67,800 |
| Polk County | $252,394 | +6.7% | 0.5% | $1,590 | $68,200 |
| Overton County | $251,818 | +3.9% | 0.39% | $1,562 | $66,900 |
| Giles County | $250,862 | +2.3% | 0.42% | $1,564 | $67,000 |
| Humphreys County | $249,121 | +5.7% | 0.48% | $1,564 | $67,000 |
| Pickett County | $249,112 | +4.6% | 0.41% | $1,550 | $66,400 |
| Stewart County | $247,613 | +1.6% | 0.46% | $1,551 | $66,500 |
| Greene County | $247,189 | +2.2% | 0.43% | $1,542 | $66,100 |
| Hawkins County | $247,127 | +5.8% | 0.54% | $1,565 | $67,100 |
| Bledsoe County | $246,774 | +7.2% | 0.36% | $1,526 | $65,400 |
| Lewis County | $243,690 | +2.9% | 0.48% | $1,530 | $65,600 |
| Fentress County | $243,554 | +2.8% | 0.32% | $1,497 | $64,200 |
| Lawrence County | $243,136 | +4.0% | 0.53% | $1,536 | $65,800 |
| Campbell County | $242,885 | +4.0% | 0.37% | $1,504 | $64,400 |
| Johnson County | $242,344 | +2.7% | 0.4% | $1,506 | $64,500 |
| Unicoi County | $242,109 | +2.7% | 0.52% | $1,530 | $65,600 |
| Cocke County | $241,556 | +4.1% | 0.57% | $1,535 | $65,800 |
| Carter County | $238,959 | -0.3% | 0.51% | $1,508 | $64,600 |
| Houston County | $229,483 | +8.2% | 0.54% | $1,453 | $62,300 |
| Van Buren County | $228,836 | +1.0% | 0.44% | $1,429 | $61,200 |
| Jackson County | $225,655 | +3.2% | 0.46% | $1,413 | $60,600 |
| Claiborne County | $223,829 | +3.7% | 0.49% | $1,407 | $60,300 |
| Madison County | $222,721 | -1.1% | 0.56% | $1,414 | $60,600 |
| Henry County | $221,770 | +6.7% | 0.44% | $1,386 | $59,400 |
| Shelby County | $215,732 | -1.2% | 0.98% | $1,444 | $61,900 |
| Henderson County | $213,136 | +7.2% | 0.48% | $1,339 | $57,400 |
| Morgan County | $210,307 | +4.4% | 0.52% | $1,329 | $56,900 |
| Clay County | $209,475 | +5.6% | 0.56% | $1,330 | $57,000 |
| Hardin County | $207,630 | +2.4% | 0.41% | $1,292 | $55,400 |
| Grundy County | $206,810 | +3.1% | 0.38% | $1,282 | $54,900 |
| Scott County | $191,085 | +5.6% | 0.51% | $1,204 | $51,600 |
| Crockett County | $190,919 | +6.5% | 0.59% | $1,216 | $52,100 |
| Benton County | $189,722 | +7.2% | 0.48% | $1,192 | $51,100 |
| Weakley County | $189,627 | +6.5% | 0.48% | $1,192 | $51,100 |
| Hickman County | $186,108 | +2.8% | 0.46% | $1,166 | $50,000 |
| Wayne County | $180,980 | +6.3% | 0.49% | $1,138 | $48,800 |
| Decatur County | $180,599 | +7.3% | 0.46% | $1,132 | $48,500 |
| Gibson County | $178,894 | +2.1% | 0.66% | $1,151 | $49,300 |
| Carroll County | $177,700 | +2.5% | 0.58% | $1,131 | $48,500 |
| Hancock County | $176,431 | +9.4% | 0.45% | $1,103 | $47,300 |
| Dyer County | $175,680 | +3.5% | 0.63% | $1,125 | $48,200 |
| Haywood County | $175,513 | +4.1% | 0.62% | $1,124 | $48,200 |
| McNairy County | $172,914 | +5.6% | 0.38% | $1,072 | $45,900 |
| Perry County | $170,720 | +2.2% | 0.53% | $1,080 | $46,300 |
| Obion County | $166,805 | +7.4% | 0.52% | $1,053 | $45,100 |
| Chester County | $164,234 | +0.8% | 0.52% | $1,037 | $44,500 |
| Hardeman County | $158,579 | +5.2% | 0.63% | $1,016 | $43,500 |
| Lauderdale County | $139,096 | +14.7% | 0.59% | $886 | $38,000 |
| Lake County | $112,258 | +0.0% | 0.67% | $723 | $31,000 |
Metro areas in Tennessee
Frequently asked questions
What is the average home price in Tennessee?
The typical home in Tennessee is worth $330,844 according to the Zillow Home Value Index for September 2026.
How much income do you need to buy a house in Tennessee?
About $88,800 a year to buy the typical $330,844 home with 20% down at 7.11%, keeping housing under 28% of income.
What is the property tax rate in Tennessee?
The typical effective rate is 0.46% of the home's value a year (median taxes paid divided by median home value, Census ACS 2025).