Home Values

Strawberry Plains 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

$124,500

  • 7.9% 1-year change
  • 3.8% 1-year forecast

The median home value in Strawberry Plains is $124,500. Strawberry Plains home values have gone up 7.9% over the past year and Zillow predicts they will rise 3.8% within the next year. The median list price per square foot in Strawberry Plains is $82, which is lower than the Knoxville Metro average of $104. The median price of homes currently listed in Strawberry Plains is $146,900 while the median price of homes that sold is $115,000.

Foreclosures will be a factor impacting home values in the next several years. In Strawberry Plains 9.7 homes are foreclosed (per 10,000). This is greater than the Knoxville Metro value of 6.2 and also greater 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 Strawberry Plains is 3.4%, 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 Strawberry Plains homeowners underwater on their mortgage is 17.8%, which is higher than Knoxville Metro at 15.3%.

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Relative ZHVI
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Strawberry Plains Market Overview

Data through Dec 31, 2014
  • $124,500 ZHVI
  • 3.8% 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
    (Dec 31, 2015)
  • $146,900 Median listing price
  • No recent data Median sale price
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Strawberry Plains Market Health

Data through Dec 31, 2014
  • 8.1/10 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.
  • No data Average days on Zillow
  • 17.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

9.7 homes Strawberry Plains
6.2 homes Knoxville Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Sevierville $152,900
Dandridge $150,800
Seymour $146,200
Name Median ZHVI
Talbott $125,400
Jefferson City $123,600
New Market $120,400
Name Median ZHVI
Plainview $111,000
Mascot $108,300
Maynardville $105,200

Listings & Sales

Data through Dec 31, 2014
  • $82 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 10.9% Listings with price cut
36.4%
Sold below listing
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Strawberry Plains Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $972 Strawberry Plains
    $1,056 Knoxville Metro
    $1,345 United States

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

  • 1.5 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
  • No data Rent list price / sq ft
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