Home Values

37656 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$123,800

  • -4.2% 1-year change
  • 2.5% 1-year forecast

The median home value in 37656 is $123,800. 37656 home values have declined -4.2% over the past year and Zillow predicts they will rise 2.5% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In 37656 3.1 homes are foreclosed (per 10,000). This is greater than the Fall Branch value of 3.0 and also lower than the national value of 3.5

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 37656 homeowners underwater on their mortgage is 10.1%, which is higher than Fall Branch at 9.7%.

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Relative ZHVI
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37656 Market Overview

Data through May 31, 2015
  • $123,800 ZHVI
  • 2.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No data Median sale price
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37656 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 10.1% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

3.1 homes 37656
3 homes Fall Branch
3.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
37615 $162,400
37663 $146,700
37659 $144,900
Name Median ZHVI
37690 $142,400
37681 $125,600
37664 $124,100
Name Median ZHVI
37645 $117,200
37642 $115,400
37660 $100,300

Listings & Sales

  • No data
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37656 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $987 37656
    $992 Fall Branch
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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