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

ZipMedian Est. ValueZipMedian Est. Value
37601

$ 252,939

$ 138/sqft

37615

$ 395,114

$ 168/sqft

37604

$ 282,736

$ 154/sqft

37614

$ --

$ --

Housing Market Summary for Johnson City, TN

Apr 2023March 2024Change
Median Listing Price$299.9K$249.4K-16.84%
Median Sold Price$228.2K$249.4K9.30%
Homes For Sale146104-28.77%
Homes Sold6496967.24%
Price
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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%.

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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.

Foreclosure
There are 4 zips within Johnson City, TN; within these zips, the median estimated home value for homes in foreclosure ranges from $315,767 in 37601 to the lowest value of $133,827 in 37601. Foreclosure homes account for 0.00% of properties in Johnson City, TN with 37601 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    37601 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.63% of residential properties in Johnson City, TN with 37601 containing 79 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Johnson City, TN; homes for sale in those zips, have a range of median values from $2,250,000 in 37615 to the lowest value of $45,000 in 37601.
    Sold Homes
    The median value for recently sold homes ranges from $1,658,310 in 37615 to the lowest price of $19,922 in 37615. There are 4 zips within Johnson City, TN. 37601 has 331 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.57% of properties in Johnson City, TN.

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      Guide for Johnson City, TN

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 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.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      Recently Listed Homes Johnson City, TN

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