Total monthly cost of ownership
Cost to Own a Home in Goodlettsville, Tennessee
A $355,000 home here costs
$2,642per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,825. The real number is $817 higher every month — 45% 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.
Goodlettsville against Davidson County and Tennessee
| Measure | Goodlettsville | Davidson County |
|---|---|---|
| Median home value | $355,000 | $386,600 |
| Median property tax | $2,084 | $2,390 |
| Effective tax rate | 0.587% | 0.618% |
| Median gross rent | $1,370 | $1,485 |
| Population | 17,598 | 709,846 |
Goodlettsville extends across 2 counties. Figures here use Davidson County, where most of its housing sits.
The weather behind that power bill
Goodlettsville sits in Davidson County, which averages a high of 90.9°F in its hottest month and a low of 30.1°F in its coldest, with 50.51" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,873 cooling and 3,364 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Davidson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Davidson County
Full Davidson County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Goodlettsville?
A $355,000 home in Goodlettsville, Tennessee costs approximately $2,642 per month with 20% down at 6.66%. That is $1,825 principal and interest, $174 property tax, $149 homeowners insurance, $198 utilities and $296 set aside for maintenance.
What is the property tax rate in Goodlettsville?
Goodlettsville has an effective property tax rate of 0.587%, based on a median home value of $355,000 and median real estate taxes of $2,084. That is lower than the Davidson County average of 0.618%.
What is the average home price in Goodlettsville?
The median owner-occupied home value in Goodlettsville, Tennessee is $355,000, against $386,600 across Davidson County.
Is it cheaper to rent or buy in Goodlettsville?
Median gross rent in Goodlettsville is $1,370 a month, against $2,642 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 Goodlettsville — 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.