Total monthly cost of ownership
Cost to Own a Home in Greeneville, Tennessee
A $211,000 home here costs
$1,661per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,085. The real number is $576 higher every month — 53% 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.
Greeneville against Greene County and Tennessee
| Measure | Greeneville | Greene County |
|---|---|---|
| Median home value | $210,700 | $186,400 |
| Median property tax | $1,360 | $803 |
| Effective tax rate | 0.645% | 0.431% |
| Median gross rent | $680 | $713 |
| Population | 15,531 | 70,919 |
The weather behind that power bill
Greeneville sits in Greene County, which averages a high of 87.3°F in its hottest month and a low of 25.5°F in its coldest, with 46.39" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,182 cooling and 4,165 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Greene County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Greene County
Full Greene County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Greeneville?
A $211,000 home in Greeneville, Tennessee costs approximately $1,661 per month with 20% down at 6.66%. That is $1,085 principal and interest, $113 property tax, $89 homeowners insurance, $198 utilities and $176 set aside for maintenance.
What is the property tax rate in Greeneville?
Greeneville has an effective property tax rate of 0.645%, based on a median home value of $210,700 and median real estate taxes of $1,360. That is higher than the Greene County average of 0.431%.
What is the average home price in Greeneville?
The median owner-occupied home value in Greeneville, Tennessee is $210,700, against $186,400 across Greene County.
Is it cheaper to rent or buy in Greeneville?
Median gross rent in Greeneville is $680 a month, against $1,661 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 Greeneville — 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.