Total monthly cost of ownership
Cost to Own a Home in Unionville, Tennessee
A $260,000 home here costs
$1,956per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,337. The real number is $620 higher every month — 46% 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.
Unionville against Bedford County and Tennessee
| Measure | Unionville | Bedford County |
|---|---|---|
| Median home value | $260,300 | $255,300 |
| Median property tax | $1,145 | $1,274 |
| Effective tax rate | 0.440% | 0.499% |
| Median gross rent | $687 | $917 |
| Population | 1,751 | 51,291 |
The weather behind that power bill
Unionville sits in Bedford County, which averages a high of 89.4°F in its hottest month and a low of 28.9°F in its coldest, with 59.36" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,602 cooling and 3,523 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Bedford County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bedford County
Full Bedford County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Unionville?
A $260,000 home in Unionville, Tennessee costs approximately $1,956 per month with 20% down at 6.66%. That is $1,337 principal and interest, $95 property tax, $109 homeowners insurance, $198 utilities and $217 set aside for maintenance.
What is the property tax rate in Unionville?
Unionville has an effective property tax rate of 0.440%, based on a median home value of $260,300 and median real estate taxes of $1,145. That is lower than the Bedford County average of 0.499%.
What is the average home price in Unionville?
The median owner-occupied home value in Unionville, Tennessee is $260,300, against $255,300 across Bedford County.
Is it cheaper to rent or buy in Unionville?
Median gross rent in Unionville is $687 a month, against $1,956 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 Unionville — 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.