Home Values

Sharps Chapel 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

$172,800

  • 6.7% 1-year change
  • 4.0% 1-year forecast

The median home value in Sharps Chapel is $172,800. Sharps Chapel home values have gone up 6.7% over the past year and Zillow predicts they will rise 4.0% within the next year.

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 Sharps Chapel is 6.2%, which is lower than the national value of 6.3%. 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 Sharps Chapel homeowners underwater on their mortgage is 10.3%, which is lower than Knoxville Metro at 15.5%.

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Relative ZHVI
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Sharps Chapel Market Overview

Data through Apr 30, 2015
  • $172,800 ZHVI
  • 4.0% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Sharps Chapel Market Health

Data through Apr 30, 2015
  • 8.9/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 10.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.4 homes Knoxville Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Andersonville $164,400
Heiskell $129,100
Jacksboro $113,800
Name Median ZHVI
Mascot $106,200
New Tazewell $106,100
Cumberland Gap $103,200
Name Median ZHVI
Speedwell $102,100
Lafollette $86,700
 

Listings & Sales

  • No data
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Sharps Chapel Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,086 Sharps Chapel
    $1,104 Knoxville Metro
    $1,364 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)
  • No data Rent list price
  • No data Rent list price / sq ft
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