Total monthly cost of ownership
Cost to Own a Home in Dunlap, Tennessee
A $148,000 home here costs
$1,217per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $761. The real number is $456 higher every month — 60% 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.
Dunlap against Sequatchie County and Tennessee
| Measure | Dunlap | Sequatchie County |
|---|---|---|
| Median home value | $148,300 | $217,800 |
| Median property tax | $875 | $986 |
| Effective tax rate | 0.590% | 0.453% |
| Median gross rent | $890 | $842 |
| Population | 5,546 | 16,409 |
The weather behind that power bill
Dunlap sits in Sequatchie County, which averages a high of 87.6°F in its hottest month and a low of 31.7°F in its coldest, with 63.73" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,554 cooling and 3,276 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Sequatchie County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sequatchie County
Full Sequatchie County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Dunlap?
A $148,000 home in Dunlap, Tennessee costs approximately $1,217 per month with 20% down at 6.66%. That is $761 principal and interest, $73 property tax, $62 homeowners insurance, $198 utilities and $123 set aside for maintenance.
What is the property tax rate in Dunlap?
Dunlap has an effective property tax rate of 0.590%, based on a median home value of $148,300 and median real estate taxes of $875. That is higher than the Sequatchie County average of 0.453%.
What is the average home price in Dunlap?
The median owner-occupied home value in Dunlap, Tennessee is $148,300, against $217,800 across Sequatchie County.
Is it cheaper to rent or buy in Dunlap?
Median gross rent in Dunlap is $890 a month, against $1,217 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 Dunlap — 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.