Home Insurance in Graysville, Tennessee
Homes in Graysville carry a median value of $104,700 - 49% lower than the Rhea County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Graysville was built around 1984. About 13% of homes were built before 1960, in line with Rhea County (13%).
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Graysville is 43% single-family homes, 1% apartments in buildings with 5+ units and 53% mobile or manufactured homes.
In Graysville, about 41% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Graysville has an owner-occupancy rate of 57% and a vacancy rate of 22%; unoccupied homes typically need a different coverage form.
In Graysville, 60% of homes are primarily heated with electricity.
Rhea County's top FEMA-rated hazard is earthquake (Relatively Low), per FEMA's National Risk Index. Rhea County had 143 active NFIP flood policies as of September 2026. See the full Rhea County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Tennessee carries a statewide average premium of $1,649 per year.
Key figures
| Median home value | $104,700 |
|---|---|
| Median year built | 1984 |
| Owner-occupied share | 57% |
| Share of owner-occupied homes with a mortgage | 41% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Rhea County | 143 |
| Home insurance premium | $1,649 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)