Total monthly cost of ownership
Cost to Own a Home in Fincastle, Tennessee
A $205,000 home here costs
$1,576per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,054. The real number is $522 higher every month — 50% 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.
Fincastle against Campbell County and Tennessee
| Measure | Fincastle | Campbell County |
|---|---|---|
| Median home value | $205,200 | $169,500 |
| Median property tax | $809 | $651 |
| Effective tax rate | 0.394% | 0.384% |
| Median gross rent | $835 | $715 |
| Population | 1,328 | 39,568 |
The weather behind that power bill
Fincastle sits in Campbell County, which averages a high of 86.2°F in its hottest month and a low of 25.6°F in its coldest, with 54.56" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,075 cooling and 4,333 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Campbell County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Campbell County
Full Campbell County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Fincastle?
A $205,000 home in Fincastle, Tennessee costs approximately $1,576 per month with 20% down at 6.66%. That is $1,054 principal and interest, $67 property tax, $86 homeowners insurance, $198 utilities and $171 set aside for maintenance.
What is the property tax rate in Fincastle?
Fincastle has an effective property tax rate of 0.394%, based on a median home value of $205,200 and median real estate taxes of $809. That is higher than the Campbell County average of 0.384%.
What is the average home price in Fincastle?
The median owner-occupied home value in Fincastle, Tennessee is $205,200, against $169,500 across Campbell County.
Is it cheaper to rent or buy in Fincastle?
Median gross rent in Fincastle is $835 a month, against $1,576 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 Fincastle — 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.