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Sales tax (state base): 7% · Property tax (avg effective): 0.55% · Median home price (est.): $330,000
State-level estimates unless stated. Local rates vary.

Housing and tax snapshot

Tennessee (state-level estimate): a typical home price of $330,000 with 20% down at 6.8% over 30 years means about $1,721 a month in principal and interest, plus roughly $151 a month in property tax. State sales tax on a $1,000 purchase is about $70.