Total monthly cost of ownership
Cost to Own a Home in Celina, Tennessee
A $168,000 home here costs
$1,339per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $864. The real number is $475 higher every month — 55% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Celina against Clay County and Tennessee
| Measure | Celina | Clay County |
|---|---|---|
| Median home value | $167,600 | $136,900 |
| Median property tax | $797 | $841 |
| Effective tax rate | 0.476% | 0.614% |
| Median gross rent | $513 | $546 |
| Population | 1,782 | 7,621 |
The weather behind that power bill
Celina sits in Clay County, which averages a high of 89.9°F in its hottest month and a low of 23.6°F in its coldest, with 56.5" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,357 cooling and 4,120 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Clay County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clay County
No other places of this size are published in Clay County.
Common questions
How much does it cost to own a home in Celina?
A $168,000 home in Celina, Tennessee costs approximately $1,339 per month with 20% down at 6.66%. That is $864 principal and interest, $67 property tax, $71 homeowners insurance, $198 utilities and $140 set aside for maintenance.
What is the property tax rate in Celina?
Celina has an effective property tax rate of 0.476%, based on a median home value of $167,600 and median real estate taxes of $797. That is lower than the Clay County average of 0.614%.
What is the average home price in Celina?
The median owner-occupied home value in Celina, Tennessee is $167,600, against $136,900 across Clay County.
Is it cheaper to rent or buy in Celina?
Median gross rent in Celina is $513 a month, against $1,339 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Celina — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.