Market Overview
Home Prices in Jellico, TN
The median home value in Jellico, TN is $134,619 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and down 7.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jellico are priced67% below average. Jellico is part of the Knoxville, TN metro area.
Over the past five years, Jellico home values have risen by approximately56.6%, reflecting strong long-term appreciation in this market.
Price History
Jellico Home Price Trend
City Comparison
Jellico vs. National Median
At $134,619, homes in Jellico cost 67% below the national median of $410,000. This makes Jellico a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jellico?
20% Down Payment
$26,924
on $134,619
Monthly P&I
$702/mo
30-yr @ 6.8%
Total Monthly Est.
~$892/mo
incl. taxes & insurance
Income Needed
$35,680
gross annual (30% rule)
10% Down Option
$13,462
+ PMI applies
Loan Amount (20% dn)
$107,695
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Jellico, TN?
The median home value in Jellico is $134,619 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Jellico?
Over the past year, home values in Jellico have increased by 1.9%. Over five years, prices have risen approximately 56.6%.
How much do I need to earn to buy a home in Jellico?
To comfortably afford the median home price of $134,619 with a 20% down payment ($26,924) at today's rates (6.8%), you'd need a gross annual income of approximately $35,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Jellico compare to the national average home price?
The national median home value is approximately $410,000. At $134,619, homes in Jellico are 67% below the national average.
What metro area is Jellico part of?
Jellico is part of the Knoxville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.