Fall Branch Home Prices & Values

$127,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.8% 1-year change
  • 1.0% 1-year forecast

The median home value in Fall Branch is $127,400. Fall Branch home values have gone up 2.8% over the past year and Zillow predicts they will rise 1.0% within the next year. The median list price per square foot in Fall Branch is $96, which is higher than the Johnson City Metro average of $93. The median price of homes currently listed in Fall Branch is $169,900 while the median price of homes that sold is $55,000.

Foreclosures will be a factor impacting home values in the next several years. In Fall Branch 16.9 homes are foreclosed (per 10,000). This is greater than the Johnson City Metro value of 4.5 and also greater than the national value of 5.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Fall Branch is 0.0%, which is lower than the national value of 8.0%. 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 Fall Branch homeowners underwater on their mortgage is 9.7%, which is lower than Johnson City Metro at 14.0%.

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Relative ZHVI
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Fall Branch Market Overview

Data through Feb 28, 2014
  • $127,400 ZHVI
  • 1.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Feb 28, 2015)
  • $169,900 Median listing price
  • No recent data Median sale price
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Fall Branch Market Health

Data through Feb 28, 2014
  • 6.4/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region’s housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)

Homes foreclosed (per 10,000)

16.9 homes Fall Branch
4.5 homes Johnson City Metro
5 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Jonesborough $144,100 Telford $141,600 Johnson City $132,400
Tusculum $126,900 Limestone $126,300 Kingsport $116,600
Mount Carmel $116,400 Church Hill $113,200 Chuckey $85,500

Listings & Sales

Data through Feb 28, 2014
  • $96 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 27.0% Listings with price cut
8.3%
Sold below listing
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Fall Branch Rentals

Data through Feb 28, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$897 Fall Branch
$902 Johnson City Metro
$1,310 United States
  • No recent data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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