Home Values

Farragut 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

$306,400

  • 3.6% 1-year change
  • 1.9% 1-year forecast

The median home value in Farragut is $306,400. Farragut home values have gone up 3.6% over the past year and Zillow predicts they will rise 1.9% within the next year. The median list price per square foot in Farragut is $137, which is higher than the Knoxville Metro average of $104. The median price of homes currently listed in Farragut is $400,060 while the median price of homes that sold is $341,915.

Foreclosures will be a factor impacting home values in the next several years. In Farragut 0.9 homes are foreclosed (per 10,000). This is lower than the Knoxville Metro value of 3.4 and also lower than the national value of 4.0

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 Farragut is 1.2%, which is lower than the national value of 6.4%. 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 Farragut homeowners underwater on their mortgage is 9.4%, which is lower than Knoxville Metro at 15.3%.

Read more
Relative ZHVI
- +

Farragut Market Overview

Data through Jan 31, 2015
  • $306,400 ZHVI
  • 1.9% 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
    (Jan 31, 2016)
  • $400,060 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Farragut Market Health

Data through Jan 31, 2015
  • 7.6/10 Very healthy
    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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 9.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

0.9 homes(Nov 30, 2014) Farragut
3.4 homes Knoxville Metro
4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Powell $145,300
Friendsville $141,100
Loudon $137,900
Name Median ZHVI
Greenback $137,500
Clinton $126,400
Knoxville $112,500
Name Median ZHVI
Oak Ridge $110,300
Alcoa $105,300
Lenoir City $87,900

Listings & Sales

Data through Jan 31, 2015
  • $137 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
16.4%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Farragut Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,952 Farragut
    $1,063 Knoxville Metro
    $1,350 United States

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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.79 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading