Johnson City, TN Home Values & Market Trends
Real estate market trends reflect that there have been 1,296 transactions over the past year in Johnson City. The median value for residential home transactions that occurred over the previous year is $262,213.21. The number of current listings in Johnson City is 174, and the percentage of properties for sale in the city is 174.00%. Johnson City, TN currently has 11 properties in foreclosure, 1 bank owned properties, 10 properties headed for auction, and 174 properties for sale.
Johnson City, TN Real Estate Market Overview
Housing Market Summary for Johnson City, TN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $299.9K | $249.4K | -16.84% |
Median Sold Price | $228.2K | $249.4K | 9.30% |
Homes For Sale | 146 | 104 | -28.77% |
Homes Sold | 649 | 696 | 7.24% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Johnson City, TN
Browse Homes in Johnson City, TN
Johnson City home values range from $19,016 to $9,150,833. The median estimated value of a home in Johnson City is $262,213.21. The median list price of a home is 302,500, and the total count of properties in the city is 27,588.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Johnson City, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Johnson City, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Johnson City, TN ranges from the highest value of $220,618 in 37604 to the lowest value of $220,618 in 37604. Bank owned homes and properties account for 0.00% of properties in Johnson City, TN. There are 4 zips within Johnson City, TN; 37604 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37601 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Johnson City, TN. Auction homes and other auction properties account for 0.04% of all properties in Johnson City, TN. There are 4 zips within Johnson City, TN; of those zips, the median estimated home value for homes going to auction ranges from $642,833 in 37604 to the lowest value of $133,827 in 37604.
Compare Nearby Cities
More Real Estate Resources for Johnson City, TN
Guide for Johnson City, TN
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws