Home Values

Powell 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

$145,700

  • 0.2% 1-year change
  • 3.3% 1-year forecast

The median home value in Powell is $145,700. Powell home values have gone up 0.2% over the past year and Zillow predicts they will rise 3.3% within the next year. The median rent price in Powell is $925, which is higher than the Knoxville Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In Powell 6.8 homes are foreclosed (per 10,000). This is greater than the Knoxville Metro value of 2.2 and also greater than the national value of 3.5

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 Powell is 2.5%, which is lower than the national value of 6.0%. 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 Powell homeowners underwater on their mortgage is 12.6%, which is lower than Knoxville Metro at 13.7%.

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Relative ZHVI
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Powell Market Overview

Data through May 31, 2015
  • $145,700 ZHVI
  • 3.3% 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 recent data Median sale price
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Powell Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 12.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 2.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

7 Powell
2 Knoxville Metro
4 United States
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Nearby Cities

Name Median ZHVI
Farragut $297,000
Andersonville $164,400
Louisville $132,800
Name Median ZHVI
Heiskell $129,100
Clinton $127,300
Oak Ridge $115,800
Name Median ZHVI
Jacksboro $113,800
Knoxville $111,900
Rocky Top $88,600

Listings & Sales

  • No data
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Powell Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,179 Powell
    $1,111 Knoxville Metro
    $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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $925 Rent list price
  • No recent data Rent list price / sq ft
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