Market Overview
Home Prices in Elizabethton, TN
The median home value in Elizabethton, TN is $236,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elizabethton are priced42% below average. Elizabethton is part of the Johnson City, TN metro area.
Over the past five years, Elizabethton home values have risen by approximately40.3%, reflecting strong long-term appreciation in this market.
Price History
Elizabethton Home Price Trend
City Comparison
Elizabethton vs. National Median
At $236,955, homes in Elizabethton cost 42% below the national median of $410,000. This makes Elizabethton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elizabethton?
20% Down Payment
$47,391
on $236,955
Monthly P&I
$1,236/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,570/mo
incl. taxes & insurance
Income Needed
$62,800
gross annual (30% rule)
10% Down Option
$23,696
+ PMI applies
Loan Amount (20% dn)
$189,564
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Elizabethton, TN?
The median home value in Elizabethton is $236,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Elizabethton?
Over the past year, home values in Elizabethton have decreased by 0.7%. Over five years, prices have risen approximately 40.3%.
How much do I need to earn to buy a home in Elizabethton?
To comfortably afford the median home price of $236,955 with a 20% down payment ($47,391) at today's rates (6.8%), you'd need a gross annual income of approximately $62,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Elizabethton compare to the national average home price?
The national median home value is approximately $410,000. At $236,955, homes in Elizabethton are 42% below the national average.
What metro area is Elizabethton part of?
Elizabethton is part of the Johnson City, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.