Johnson City housing market
Typical home value
$280K
▲ 1.4% 1 yr
Typical rent
$1,488/mo
▲ 2.8% 1 yr
12-month forecast
+1.7%
#324 of 546 metros
Gross rent yield
6.4%
#203 of 546 · U.S. 6.3%
Days to pending
49 days
▲ +4 days 1 yr
Listings with a price cut
35%
▼ −0.2 pts 1 yr
Key takeaways
- 1The typical home is worth $279,665, up 1.4% in a year and up 31% over five years.
- 2Zillow forecasts home values rising 1.7% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,488/mo (+2.8% YoY), a 6.4% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,537/mo in principal and interest, $49 more than renting.
- 5Homes go under contract in 49 days (+4 days vs last year); 35% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 35/100, #361 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Johnson City compares
| Measure | Johnson City | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +1.4% | +1.2% | #332 |
| Home value, 5-yr change | +31.1% | +19.7% | |
| 12-month forecast | +1.7% | +1.1% | #324 |
| Rent, 1-yr change | +2.8% | +2.7% | #334 |
| Gross rent yield | 6.4% | 6.3% | #203 |
| Price-to-rent ratio | 15.7 | 15.8 | |
| Mortgage P&I on typical home | $1,537 | $2,012 | |
| Income needed to buy | $73,451 | $100,902 | |
| Days to pending | 49 | 56 |
Cities in the Johnson City metro
1 cities with home value and rent data.
| Johnson City | $293K | ▲ 1.4% | $1,507 | ▲ 2.9% | 6.2% |
Run the numbers
Rental property calculator
Cash flow on a typical Johnson City rental ($280K, $1,488/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Johnson City home.
Rent vs buy
Is it cheaper to rent or buy in Johnson City?
Other Tennessee metros
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Knoxville, TN
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Chattanooga, TN
$319K home$1,509 rent5.7% yield
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Clarksville, TN
$289K home$1,343 rent5.6% yield
▲ 0.2% 1 yr
Kingsport, TN
$243K home$1,330 rent6.6% yield
▲ 1.1% 1 yr
Jackson, TN
$202K home$1,393 rent8.3% yield
▲ 0.7% 1 yr
Morristown, TN
$297K home$1,560 rent6.3% yield
▲ 2.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.