Market Overview
Home Prices in Watauga, TN
The median home value in Watauga, TN is $268,838 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.5% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Watauga are priced34% below average. Watauga is part of the Johnson City, TN metro area.
Over the past five years, Watauga home values have risen by approximately47.0%, reflecting strong long-term appreciation in this market.
Price History
Watauga Home Price Trend
City Comparison
Watauga vs. National Median
At $268,838, homes in Watauga cost 34% below the national median of $410,000. This makes Watauga a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Watauga?
20% Down Payment
$53,768
on $268,838
Monthly P&I
$1,402/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,781/mo
incl. taxes & insurance
Income Needed
$71,240
gross annual (30% rule)
10% Down Option
$26,884
+ PMI applies
Loan Amount (20% dn)
$215,070
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 Watauga, TN?
The median home value in Watauga is $268,838 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.5% year-over-year.
How much have home prices changed in Watauga?
Over the past year, home values in Watauga have increased by 6.5%. Over five years, prices have risen approximately 47.0%.
How much do I need to earn to buy a home in Watauga?
To comfortably afford the median home price of $268,838 with a 20% down payment ($53,768) at today's rates (6.8%), you'd need a gross annual income of approximately $71,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Watauga compare to the national average home price?
The national median home value is approximately $410,000. At $268,838, homes in Watauga are 34% below the national average.
What metro area is Watauga part of?
Watauga is part of the Johnson City, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.