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1 / 13#13. Hampton, TN
- Typical home value: $209,510
- 1-year price change: +0.0%
- 5-year price change: +28.9%
Cities with the most expensive homes in the Johnson City metro area
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Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Johnson City metro area using data from . Charts show the monthly typical home value since January 2018. All 13 cities and towns with data available were included in the list.
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2 / 13#12. Erwin, TN
- Typical home value: $225,434
- 1-year price change: +4.6%
- 5-year price change: +33.7%
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3 / 13#11. Elizabethton, TN
- Typical home value: $233,534
- 1-year price change: -0.7%
- 5-year price change: +35.4%
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4 / 13#10. Roan Mountain, TN
- Typical home value: $247,220
- 1-year price change: +0.8%
- 5-year price change: +27.3%
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5 / 13#9. Watauga, TN
- Typical home value: $262,519
- 1-year price change: +4.8%
- 5-year price change: +42.3%
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6 / 13#8. Flag Pond, TN
- Typical home value: $266,694
- 1-year price change: +8.9%
- 5-year price change: data not available
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7 / 13#7. Unicoi, TN
- Typical home value: $273,904
- 1-year price change: +1.4%
- 5-year price change: +33.1%
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8 / 13#6. Fall Branch, TN
- Typical home value: $292,888
- 1-year price change: +2.9%
- 5-year price change: +38.9%
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9 / 13#5. Johnson City, TN
- Typical home value: $295,339
- 1-year price change: +1.3%
- 5-year price change: +32.3%
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10 / 13#4. Limestone, TN
- Typical home value: $295,641
- 1-year price change: +1.4%
- 5-year price change: +31.9%
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11 / 13#3. Butler, TN
- Typical home value: $311,574
- 1-year price change: +1.0%
- 5-year price change: +21.9%
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12 / 13#2. Telford, TN
- Typical home value: $316,440
- 1-year price change: +2.8%
- 5-year price change: +34.5%
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13 / 13#1. Jonesborough, TN
- Typical home value: $340,472
- 1-year price change: +2.6%
- 5-year price change: +35.4%
