Market Overview
Home Prices in Greenback, TN
The median home value in Greenback, TN is $452,141 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greenback are priced10% above average. Greenback is part of the Knoxville, TN metro area.
Over the past five years, Greenback home values have risen by approximately44.3%, reflecting strong long-term appreciation in this market.
Price History
Greenback Home Price Trend
City Comparison
Greenback vs. National Median
At $452,141, homes in Greenback cost 10% above the national median of $410,000. Buyers in Greenback should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Greenback?
20% Down Payment
$90,428
on $452,141
Monthly P&I
$2,358/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,995/mo
incl. taxes & insurance
Income Needed
$119,800
gross annual (30% rule)
10% Down Option
$45,214
+ PMI applies
Loan Amount (20% dn)
$361,713
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 Greenback, TN?
The median home value in Greenback is $452,141 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Greenback?
Over the past year, home values in Greenback have increased by 3.3%. Over five years, prices have risen approximately 44.3%.
How much do I need to earn to buy a home in Greenback?
To comfortably afford the median home price of $452,141 with a 20% down payment ($90,428) at today's rates (6.8%), you'd need a gross annual income of approximately $119,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Greenback compare to the national average home price?
The national median home value is approximately $410,000. At $452,141, homes in Greenback are 10% above the national average.
What metro area is Greenback part of?
Greenback is part of the Knoxville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.