Johnson City, TN metro area Housing Market
Cool MarketComprehensive housing market data for the Johnson City, TN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$335K
↑ 11.7% YoY
Days on Market
57 days
↑ 5.6% YoY
Active Inventory
760
↑ 1.5% YoY
Homes Sold
205
↑ 13.9% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Johnson City, TN metro area Market Summary
The Johnson City, TN metro area housing market is cooling down. As of March 2026, the median home sale price is $335K, up 11.7% year-over-year. Homes are spending a median of 57 days on the market, 5.6% longer than a year ago.
There are 760 homes for sale — 1.5% more than last year. With 3.7 months of supply, this is a seller's market. 303 new listings were added during this period, down 9.0% year-over-year.
Homes are selling for 97.5% of their list price on average, suggesting room for negotiation. 15.6% of homes sell above their asking price. 27.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. Tennessee Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 23% below the national median, which could indicate stronger cash flow potential.
Johnson City, TN metro area Market Trends
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Detailed Market Metrics
Median List Price
$350K
Price per Sq Ft
$176
Sale-to-List Ratio
97.5%
Months of Supply
3.7
Sold Above List
15.6%
Price Drops
27.2%
New Listings
303
↓ 9.0% YoY
Pending Sales
346
Off Market in 2 Weeks
37.6%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.