Home / Home Buying by state / Tennessee / Dyer County / Dyersburg

Buying a home in Dyersburg, Tennessee

The typical owner-occupied home in Dyersburg is worth about $168,300, 41% below the Tennessee median of $286,700 and 49% below the national median of $332,700. Owners pay a median $1,471 a year in property taxes, about 0.87% of their home's value, higher than the Tennessee rate of 0.50%. The median household earns $52,064 a year, so the median home costs 3.2 times the median income (4.1 times for Tennessee). 48% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.

Dyersburg at a glance

Dyersburg Tennessee U.S.
Median home value $168,300 $286,700 $332,700
Median property tax paid per year $1,471 $1,442 $3,119
Property tax as a share of value 0.87% 0.50% 0.94%
Median household income $52,064 $69,595 $80,734
Homes lived in by their owners 48% 67% 65%
Owner homes with a mortgage 50% 58% 61%
Median monthly costs, owners with a mortgage $1,249 $1,566 $1,963
Those costs as a share of the owners' income 17.2% 19.6% 21.0%
Median rent $782 $1,189 $1,413
Rent as a share of renters' income 31.1% 29.5% 30.6%
Median year homes were built 1972 1987 1980
Vacant homes 10.7% 10.2% 10.1%
Population 15,979 7,066,383 334,922,499

What a typical home costs per month in Dyersburg

At this week's average 30-year rate of 7.11%, buying the median Dyersburg home of $168,300 with 20% down costs about $1,098 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,378, 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 $47,052 for the 20%-down payment. That payment is 25% of the median Dyersburg household income of $52,064; at that income and 20% down, the 28% guideline points to a home of about $186,000.

The median rent here is $782 a month, so owning the median home costs about $316 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$33,660
Loan amount$134,640
Principal and interest$906
Property taxes (0.87% a year)$122
Homeowners insurance (our estimate, 0.5% a year)$70
PMI$0
Total per month$1,098

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$5,890
Loan amount$165,252
Principal and interest$1,112
Property taxes (0.87% a year)$122
Homeowners insurance (our estimate, 0.5% a year)$70
FHA mortgage insurance$74
Total per month$1,378

Change the numbers in the calculator

Questions about home buying in Dyersburg

What is the median home value in Dyersburg?

About $168,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Dyersburg?

Homeowners pay a median $1,471 a year, which is about 0.87% 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 Dyersburg?

For the median home with 20% down at 7.11%, the payment is about $1,098 a month. Keeping that under 28% of gross income takes about $47,052 a year.

More about Dyersburg

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