Cost to Own
United StatesTennesseeWilliamson CountyNolensville Population 14,545 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Nolensville, Tennessee

A $695,000 home here costs

$4,876

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $3,573. The real number is $1,303 higher every month — 36% more than the payment most buyers budget for.

Nolensville median: $695,100
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $556,000 borrowed $3,573
Property tax0.402% effective rate for Nolensville itself $233
Homeowners insuranceTennessee averages $1,368/yr (NAIC), or 0.505% of home value $292
Electricity14.47¢/kWh — Tennessee residential average, EIA $130
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $579
Total monthly $4,876

Nolensville against Williamson County and Tennessee

MeasureNolensvilleWilliamson County
Median home value$695,100$673,700
Median property tax$2,796$2,891
Effective tax rate0.402%0.429%
Median gross rent$2,557$1,895
Population14,545254,609

The weather behind that power bill

Nolensville sits in Williamson County, which averages a high of 90.8°F in its hottest month and a low of 28.6°F in its coldest, with 53.79" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,686 cooling and 3,601 heating degree days, which is what sets the $130 electricity line above.

See the full climate breakdown for Williamson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Williamson County

Full Williamson County cost breakdown · Every county in Tennessee

Common questions

How much does it cost to own a home in Nolensville?

A $695,000 home in Nolensville, Tennessee costs approximately $4,876 per month with 20% down at 6.66%. That is $3,573 principal and interest, $233 property tax, $292 homeowners insurance, $198 utilities and $579 set aside for maintenance.

What is the property tax rate in Nolensville?

Nolensville has an effective property tax rate of 0.402%, based on a median home value of $695,100 and median real estate taxes of $2,796. That is lower than the Williamson County average of 0.429%.

What is the average home price in Nolensville?

The median owner-occupied home value in Nolensville, Tennessee is $695,100, against $673,700 across Williamson County.

Is it cheaper to rent or buy in Nolensville?

Median gross rent in Nolensville is $2,557 a month, against $4,876 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 Nolensville — 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.

Full methodology