Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$279,665+1.4% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 26% have cut their price
Income needed to buy, per year$60,625About 1.0× the local median income ($60,538): a stretch for a typical household
Days on market67 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.7%Zillow expects prices to rise slightly
The typical home in Johnson City, TN is worth $279,665, up 1.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $239,038, so the area is 17.0% overvalued. It is a balanced market: homes take about 67 days to sell, listings are down 2% from a year ago, 26% of listings have had a price cut. Zillow expects prices to rise about 1.7% over the next year. A household needs about $60,625 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,538. Typical rent is $1,488 a month, or $1,832 for a house. In the latest IRS figures, 2,439 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$279,665
Change in 1 year
+1.4%
Overvalued %
+17.0%
Show 7 more
Fair home value
$239,038
Change in 5 years
+31.1%
Zillow forecast, next 12 months
+1.7%
Home value to income
4.6×
Monthly mortgage payment (20% down)
$1,516
Income needed to afford it
$60,625
Property tax rate
0.51%
Rent and investing
Typical rent
$1,488
Typical rent for houses
$1,832
Price-to-rent ratio
15.7×
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HUD Fair Market Rent, 2 bedrooms
$1,211
Gross rental yield
6.38%
Cap rate (estimate)
4.15%
Market activity
Listings vs a year ago
−2.3%
Days on market
67
Listings with a price cut
25.8%
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Homes for sale
686
Pending sales per 100 listings
36
Asking price per sq ft
$204
People and jobs
Median household income
$60,538
Population change (1 year)
+0.7%
Unemployment rate
5.1%
Show 4 more
Population
216,416
Income adjusted for cost of living
$68,871
Net moves in (IRS)
+2,439
Cost of living (US = 100)
87.9
Schools, risk and environment
School rating (1 to 10)
7.2
FEMA hazard risk score (0 to 100)
57.6
Flood risk score
69.2
Show 3 more
Wildfire risk score
46.7
Walkability (1 to 20)
5.7
Road, rail and air noise
54 dB
Questions people ask
Is Johnson City, TN overvalued?
Home prices in Johnson City, TN are well above what local incomes have historically supported: fair value is about $239,038, so the area is 17.0% overvalued.
Is Johnson City, TN a buyer's or seller's market?
Johnson City, TN is a balanced market: homes take about 67 days to sell, listings are down 2% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Johnson City, TN?
Home values in Johnson City, TN are up 1.4% over the last year. Zillow's forecast for the next 12 months is +1.7%.
How much do you need to earn to buy a home in Johnson City, TN?
A household needs about $60,625 a year to afford the typical home in Johnson City, TN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,538.