Market Overview
Home Prices in Fall Branch, TN
The median home value in Fall Branch, TN is $294,140 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fall Branch are priced28% below average. Fall Branch is part of the Johnson City, TN metro area.
Over the past five years, Fall Branch home values have risen by approximately44.8%, reflecting strong long-term appreciation in this market.
Price History
Fall Branch Home Price Trend
City Comparison
Fall Branch vs. National Median
At $294,140, homes in Fall Branch cost 28% below the national median of $410,000. This makes Fall Branch a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fall Branch?
20% Down Payment
$58,828
on $294,140
Monthly P&I
$1,534/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,948/mo
incl. taxes & insurance
Income Needed
$77,920
gross annual (30% rule)
10% Down Option
$29,414
+ PMI applies
Loan Amount (20% dn)
$235,312
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 Fall Branch, TN?
The median home value in Fall Branch is $294,140 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Fall Branch?
Over the past year, home values in Fall Branch have increased by 3%. Over five years, prices have risen approximately 44.8%.
How much do I need to earn to buy a home in Fall Branch?
To comfortably afford the median home price of $294,140 with a 20% down payment ($58,828) at today's rates (6.8%), you'd need a gross annual income of approximately $77,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Fall Branch compare to the national average home price?
The national median home value is approximately $410,000. At $294,140, homes in Fall Branch are 28% below the national average.
What metro area is Fall Branch part of?
Fall Branch is part of the Johnson City, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.