Checked
Central, TN Home Values and Rents
The median home value in Central is $151,800, 248th highest of 304 cities and towns in Tennessee. Median rent is $952 a month.
- Median home value
- $151,800
- 248th of 304 in TN
- Median rent
- $952/mo
- ACS 2020-2024
- Price change, 1 year
- +3.7%
- County index, 2025
- Homeownership
- 76.4%
- TN: 66.9%
Home sale prices in the Johnson City, TN area
Zillow median sale price, Sep 2026
$309,893+3.6% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Carter County home price trend
FHFA annual House Price Index for Carter County, 2000 = 100, compared with Tennessee
Show as a table
| Period | Carter County |
|---|---|
| 2025 | 300 |
| 2024 | 290 |
| 2023 | 285 |
| 2022 | 236 |
| 2021 | 198 |
| 2020 | 173 |
| 2019 | 165 |
| 2018 | 158 |
| 2017 | 149 |
| 2016 | 142 |
| 2015 | 140 |
| 2014 | 137 |
| 2013 | 136 |
| 2012 | 136 |
| 2011 | 134 |
Over five years, Carter County prices changed +73.3%, compared with +38.5% for Tennessee.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 37601 | $216,200 | $929 | +4.3% | +69.1% |
Fair Market Rents, FY2027
HUD rent standard for Johnson City, TN MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $942 | +6.2% |
| 1 bedroom | $948 | +6.2% |
| 2 bedrooms | $1,211 | +7.0% |
| 3 bedrooms | $1,461 | +4.5% |
| 4 bedrooms | $1,609 | +3.9% |
Frequently asked questions
- What is the median home value in Central, TN?
- The median home value in Central is $151,800, based on the American Community Survey 2020-2024 5-year estimates. The Tennessee median is $286,700.
- How much is rent in Central?
- The median rent in Central is $952 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,211.
- Are home prices going up in Central?
- Home prices in Carter County changed +3.7% over one year and +73.3% over five years, as of 2025.
- How does Central compare with the rest of Tennessee?
- Central has the 248th highest median home value of 304 cities and towns with 1,000+ residents in Tennessee.
- Which ZIP code in Central has the highest home values?
- ZIP code 37601 has the highest median home value at $216,200.