Market Overview
Home Prices in Flag Pond, TN
The median home value in Flag Pond, TN is $266,333 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.5% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Flag Pond are priced35% below average. Flag Pond is part of the Johnson City, TN metro area.
Price History
Flag Pond Home Price Trend
2022
$201,783
$202K
—
2023
$203,309
$203K
+0.8%
2024
$238,202
$238K
+17.2%
2025
$245,534
$246K
+3.1%
2026
$266,333
$266K
+8.5%
City Comparison
Flag Pond vs. National Median
🏠 Flag Pond
$266,333
National Median
$410,000
At $266,333, homes in Flag Pond cost 35% below the national median of $410,000. This makes Flag Pond a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Flag Pond?
20% Down Payment
$53,267
on $266,333
Monthly P&I
$1,389/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,764/mo
incl. taxes & insurance
Income Needed
$70,560
gross annual (30% rule)
10% Down Option
$26,633
+ PMI applies
Loan Amount (20% dn)
$213,066
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 Flag Pond, TN?
The median home value in Flag Pond is $266,333 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.5% year-over-year.
How much have home prices changed in Flag Pond?
Over the past year, home values in Flag Pond have increased by 8.5%.
How much do I need to earn to buy a home in Flag Pond?
To comfortably afford the median home price of $266,333 with a 20% down payment ($53,267) at today's rates (6.8%), you'd need a gross annual income of approximately $70,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Flag Pond compare to the national average home price?
The national median home value is approximately $410,000. At $266,333, homes in Flag Pond are 35% below the national average.
What metro area is Flag Pond part of?
Flag Pond is part of the Johnson City, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.