Johnson City, TN metro area Housing Market

Cold Market

Comprehensive 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: January 2026

Median Sale Price

$319K

1.6% YoY

Days on Market

78 days

25.8% YoY

Active Inventory

736

17.9% YoY

Homes Sold

182

7.1% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Johnson City, TN metro area Market Summary

The Johnson City, TN metro area housing market is cooling down. As of January 2026, the median home sale price is $319K, up 1.6% year-over-year. Homes are spending a median of 78 days on the market, 25.8% longer than a year ago.

There are 736 homes for sale — 17.9% more than last year. With 4.0 months of supply, this is a balanced market. 247 new listings were added during this period, up 26.0% year-over-year.

Homes are selling for 96.3% of their list price on average, suggesting room for negotiation. 13.2% of homes sell above their asking price. 27.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 4.0
Days on Market 78
Price Drops 27.6%
Sale-to-List Ratio 96.3%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 24.6%
Days on Market (National: 66) 18.2%
Inventory (National: 1,210,379) 99.9%

vs. Tennessee Median

Median Price (Tennessee: $385K) 17.2%
Days on Market (Tennessee: 88) 11.4%

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 25% below the national median, which could indicate stronger cash flow potential.

Johnson City, TN metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$360K

Price per Sq Ft

$175

Sale-to-List Ratio

96.3%

Months of Supply

4.0

Sold Above List

13.2%

Price Drops

27.6%

New Listings

247

26.0% YoY

Pending Sales

262

Off Market in 2 Weeks

32.8%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.