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Buying a home in Andersonville, Tennessee

The typical owner-occupied home in Andersonville is worth about $340,400, 19% above the Tennessee median of $286,700 and about the same as the national median of $332,700. Owners pay a median $1,373 a year in property taxes, about 0.40% of their home's value, lower than the Tennessee rate of 0.50%. 79% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.

Andersonville at a glance

Andersonville Tennessee U.S.
Median home value $340,400 $286,700 $332,700
Median property tax paid per year $1,373 $1,442 $3,119
Property tax as a share of value 0.40% 0.50% 0.94%
Median household income – $69,595 $80,734
Homes lived in by their owners 79% 67% 65%
Owner homes with a mortgage 37% 58% 61%
Median monthly costs, owners with a mortgage – $1,566 $1,963
Those costs as a share of the owners' income 13.4% 19.6% 21.0%
Median rent – $1,189 $1,413
Median year homes were built 2002 1987 1980
Vacant homes 28.2% 10.2% 10.1%
Population 353 7,066,383 334,922,499

What a typical home costs per month in Andersonville

At this week's average 30-year rate of 7.11%, buying the median Andersonville home of $340,400 with 20% down costs about $2,087 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,654, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $89,452 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$68,080
Loan amount$272,320
Principal and interest$1,832
Property taxes (0.40% a year)$113
Homeowners insurance (our estimate, 0.5% a year)$142
PMI$0
Total per month$2,087

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3.5% down, 30-year FHA loan
Down payment$11,914
Loan amount$334,235
Principal and interest$2,248
Property taxes (0.40% a year)$113
Homeowners insurance (our estimate, 0.5% a year)$142
FHA mortgage insurance$151
Total per month$2,654

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Questions about home buying in Andersonville

What is the median home value in Andersonville?

About $340,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Andersonville?

Homeowners pay a median $1,373 a year, which is about 0.40% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Andersonville?

For the median home with 20% down at 7.11%, the payment is about $2,087 a month. Keeping that under 28% of gross income takes about $89,452 a year.

More about Andersonville

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data