Sep 2026
$317K
-0.9% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Johnson City, TN housing market
Johnson City, TN metro median sale price $317K in Sep 2026, down 0.9% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Johnson City, TN metro is $317K as of Sep 2026, down 0.9% from a year earlier. The decline is steeper than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 4.0% through Q2 2026.
On median sale price, Johnson City ($317K) ranks 7th of the 10 Tennessee metros Pecan Street tracks, between Clarksville ($317K) and Memphis ($289K). On median days on market, Johnson City (65 days) ranks 7th of the 10 Tennessee metros, between Morristown (66 days) and Kingsport (64 days). Johnson City has the highest share of listings with a price cut of the 10 Tennessee metros (51%), ahead of Kingsport (48%).
Listings spent a median 65 days on market in Sep 2026, more than in most of the 385 metros. 51% of active listings carry a price cut, 3.2 points fewer than a year earlier. That share is the 24th-highest of the 385 metros.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,735 a month; at 28% of gross income, that takes about $74K a year. The median sale price equals about 18 years of HUD Fair Market Rent, a ratio down 5.2% from a year earlier. That ratio is higher than in most of the 373 metros. Active listings ask a median $208 per square foot, up 0.2% from a year earlier.
In four of the seven ZIP codes in the table below, median list prices are higher than a year earlier; three are lower.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,735/mo
$74K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Johnson City compares to other U.S. metros
| Price cuts | ↑24th of 385 (top 7%) |
|---|---|
| Home-price growth | ↓323rd of 383 |
| Price-to-rent | ↑63rd of 373 (top 17%) |
| Days on market | ↑121st of 385 (top 32%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 18 -5.2% YoY ↑63rd of 373 (top 17%) |
|---|---|
| Asking price / sq ft | $208 +0.2% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 51% -3.2 pts YoY ↑24th of 385 (top 7%) |
|---|
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 7 shown of 13 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 4.9ppRedfin (metro) -0.9% | FHFA HPI · Q2 2026 +4.0% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 37601 | $375K↑ | 113↑ | 34↑ | 60↑ | 69↑ | $262K↑ |
| 37604 | $388K↓ | 109↑ | 44↑ | 64↑ | 60↓ | $283K↑ |
| 37615 | $484K↓ | 78↓ | 44↓ | 38↓ | 57↑ | $353K↑ |
| 37643 | $312K↑ | 92↑ | 34↑ | 54↑ | 54↓ | $233K↓ |
| 37650 | $417K↑ | 29↑ | 8↓ | 8 | 96↑ | $221K↑ |
| 37659 | $488K↑ | 131↓ | 44↓ | 76↓ | 61↓ | $338K↑ |
| 37687 | $448K↓ | 35↓ | 6↓ | 16↑ | 100↑ | $247K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.