Total monthly cost of ownership
Cost to Own a Home in Estill Springs, Tennessee
A $167,000 home here costs
$1,355per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $859. The real number is $496 higher every month — 58% 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.
Estill Springs against Franklin County and Tennessee
| Measure | Estill Springs | Franklin County |
|---|---|---|
| Median home value | $166,700 | $215,700 |
| Median property tax | $1,065 | $1,218 |
| Effective tax rate | 0.639% | 0.565% |
| Median gross rent | $810 | $863 |
| Population | 2,008 | 43,478 |
The weather behind that power bill
Estill Springs sits in Franklin County, which averages a high of 87.3°F in its hottest month and a low of 30.2°F in its coldest, with 57.67" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,454 cooling and 3,519 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Franklin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
Full Franklin County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Estill Springs?
A $167,000 home in Estill Springs, Tennessee costs approximately $1,355 per month with 20% down at 6.66%. That is $859 principal and interest, $89 property tax, $70 homeowners insurance, $198 utilities and $139 set aside for maintenance.
What is the property tax rate in Estill Springs?
Estill Springs has an effective property tax rate of 0.639%, based on a median home value of $166,700 and median real estate taxes of $1,065. That is higher than the Franklin County average of 0.565%.
What is the average home price in Estill Springs?
The median owner-occupied home value in Estill Springs, Tennessee is $166,700, against $215,700 across Franklin County.
Is it cheaper to rent or buy in Estill Springs?
Median gross rent in Estill Springs is $810 a month, against $1,355 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 Estill Springs — 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.