37640 — Butler, TN Home Values
Typical home value $309,094 as of August 2026 · 4th of 15 in Johnson City, TN
Blue: typical home value (Zillow ZHVI) in ZIP code 37640, August 2021 to August 2026. This page shows observed data only; no forecast.
How 37640 compares in the Johnson City, TN area
ZIP code 37640 (Butler, TN) has a typical home value of $309,094 as of August 2026, ranking 4th of 15 ZIP codes tracked in the Johnson City, TN area, more expensive than about 80% of ZIP codes in the metro. Prices here have moved +1.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +22.8%, from $251,648 in August 2021 to $309,094 in August 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Johnson City, TN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Johnson City.
Population and demographics
ZIP code 37640 has a population of 3,343, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 96.8% White, 2.6% two or more races, 0.4% Hispanic or Latino, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Little Milligan | 4226 Hwy 321, Butler, TN | 2.7 mi |
| Bethel Elementary | 138 Bethel School Rd, Sugar Grove, NC | 7.4 mi |
| Doe Elementary | 7164 Highway 67 West, Mountain City, TN | 8.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 37640?
$309,094 as of August 2026, the latest month Zillow has published observed data for.
Is 37640 an expensive ZIP code in the Johnson City, TN area?
37640 ranks 4th of 15 ZIP codes in the Johnson City, TN area by typical home value, more expensive than about 80% of ZIP codes in the metro.
How much have home values in 37640 changed over the past year?
+1.6% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 37640?
3,343, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 37640?
Little Milligan (2.7 mi), Bethel Elementary (7.4 mi), Doe Elementary (8.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 37640?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Johnson City, TN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.