Much like the surrounding areas, it's significantly less expensive compared to the United States as a whole. Compared to the city of Knoxville however, it's a bit more expensive.
Home prices
Fall Branch's median home value is $146,500. It is roughly $4,720 (3%) lower in comparison to its nearby areas.Compared to the entire country it is roughly $71,000 (32%) lower, and in comparison to the city of Knoxville is roughly $10,200 (7%) higher.
Rents
Fall Branch's median rent is $556 per month. Compared to its nearby areas this is approximately $226 (28%) lower.It is about $506 (47%) lower in comparison to the nation as a whole, and is about $289 (34%) lower compared to the city of Knoxville.
Nearby places
Gray
Gray is approximately 7 miles east of Fall Branch. Its housing prices are somewhat more expensive. The median home in Gray costs $171,900, which comes out to $25,400 (14%) higher than Fall Branch. Its rents are significantly more expensive. Gray's median rent is $905 a month, which comes out to $349 (38%) higher than Fall Branch.
Colonial Heights
Colonial Heights is approximately 7 miles northeast from Fall Branch. The housing prices there are fairly similar. The value of the median home in Colonial Heights is $145,400, which is very similar to Fall Branch. The rent there is a lot more expensive. In Colonial Heights the median monthly rent is $945, which works out to $389 (41%) higher than Fall Branch.
Spurgeon
Spurgeon is roughly 8 miles east of Fall Branch. Housing prices there are fairly similar. The median home in Spurgeon is valued at $150,400, which is $3,900 (2%) higher than Fall Branch. The rent there is a bit more expensive. The median monthly rent in Spurgeon is $814, which comes out to $258 (31%) higher than Fall Branch.
Kingsport
Kingsport is roughly 8 miles northeast from Fall Branch. Housing prices there are fairly similar. The median home in Kingsport is valued at $145,800, which is very similar to Fall Branch. Rents there are a little more expensive. In Kingsport the median monthly rent is $655, which is $99 (15%) higher than Fall Branch.
Church Hill
Church Hill is about 8 miles northwest from Fall Branch. Its real estate prices are similar. The median home cost in Church Hill is $142,600, which is $3,900 (2%) lower than Fall Branch. Its rents are a little more expensive. Church Hill's median monthly rent is $593, which works out to $37 (6%) higher than Fall Branch.
