Jonesborough Home Prices & Values

$148,100 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

  • -0.5% 1-year change
  • 4.0% 1-year forecast

The median home value in Jonesborough is $148,100. Jonesborough home values have declined -0.5% over the past year and Zillow predicts they will rise 4.0% within the next year. The median list price per square foot in Jonesborough is $105, which is higher than the Johnson City Metro average of $95. The median price of homes currently listed in Jonesborough is $179,900 while the median price of homes that sold is $142,275. The median rent price in Jonesborough is $975, which is higher than the Johnson City Metro median of $700.

Foreclosures will be a factor impacting home values in the next several years. In Jonesborough 2.0 homes are foreclosed (per 10,000). This is lower than the Johnson City Metro value of 3.5 and also lower than the national value of 4.3

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 Jonesborough is 3.3%, which is lower than the national value of 6.9%. 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 Jonesborough homeowners underwater on their mortgage is 10.6%, which is lower than Johnson City Metro at 12.4%.

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Relative ZHVI
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Jonesborough Market Overview

Data through Aug 31, 2014
  • $148,100 ZHVI
  • 4.0% 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

    (Aug 31, 2015)
  • $179,900 Median listing price
  • $142,275 Median sale price
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Jonesborough Market Health

Data through Aug 31, 2014
  • 7.3/10 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 days on Zillow
  • 10.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2 homes Jonesborough
3.5 homes Johnson City Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Piney Flats $165,000 Telford $146,800 Johnson City $138,100
Fall Branch $126,400 Limestone $125,300 Kingsport $116,100
Unicoi $101,400 Chuckey $86,400 Erwin $84,900

Listings & Sales

Data through Aug 31, 2014
  • $105 Median list price / sq ft
  • $89 Median sale price / sq ft
  • 36.1% Listings with price cut
16.1%
Sold below listing
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Jonesborough Rentals

Data through Aug 31, 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
$1,081 Jonesborough
$983 Johnson City Metro
$1,328 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $975 Rent list price (Jul 31, 2014)
  • $0.68 Rent list price / sq ft (Jul 31, 2014)
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