Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Oregon and Tennessee. Updated for 2026.
Metric
Oregon
Tennessee
Median Home Price
$480K
$340K
Property Tax Rate
0.93%
0.56%
Avg Closing Costs
$7K
$5K
Closing Cost %
1.4%
1.5%
Transfer Tax
0.1%
0.37%
Homeowners Insurance
$1,400/yr
$2,400/yr
First-Time Buyer Program
OHCS Oregon Bond
Cash Advantage up to $15K
THDA Great Choice Home Loan
Up to $25,000 DPA
Verdict
Oregon and Tennessee are evenly matched across major housing cost categories. Your decision may come down to other factors like job market, climate, or lifestyle preferences. Use the calculators below to model your specific scenario.