Market Overview
Home Prices in Tellico Plains, TN
The median home value in Tellico Plains, TN is $268,780 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.8% compared to a year ago and down 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tellico Plains are priced34% below average.
Over the past five years, Tellico Plains home values have risen by approximately33.1%, reflecting strong long-term appreciation in this market.
Price History
Tellico Plains Home Price Trend
2020
$176,831
$177K
—
2021
$201,864
$202K
+14.2%
2022
$244,868
$245K
+21.3%
2023
$234,993
$235K
-4.0%
2024
$258,721
$259K
+10.1%
2025
$246,970
$247K
-4.5%
2026
$268,780
$269K
+8.8%
City Comparison
Tellico Plains vs. National Median
🏠 Tellico Plains
$268,780
National Median
$410,000
At $268,780, homes in Tellico Plains cost 34% below the national median of $410,000. This makes Tellico Plains a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tellico Plains?
20% Down Payment
$53,756
on $268,780
Monthly P&I
$1,402/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,781/mo
incl. taxes & insurance
Income Needed
$71,240
gross annual (30% rule)
10% Down Option
$26,878
+ PMI applies
Loan Amount (20% dn)
$215,024
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 Tellico Plains, TN?
The median home value in Tellico Plains is $268,780 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.8% year-over-year.
How much have home prices changed in Tellico Plains?
Over the past year, home values in Tellico Plains have increased by 8.8%. Over five years, prices have risen approximately 33.1%.
How much do I need to earn to buy a home in Tellico Plains?
To comfortably afford the median home price of $268,780 with a 20% down payment ($53,756) at today's rates (6.8%), you'd need a gross annual income of approximately $71,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Tellico Plains compare to the national average home price?
The national median home value is approximately $410,000. At $268,780, homes in Tellico Plains are 34% below the national average.