Johnson City, TN is a great place for potential homebuyers to invest in real estate. The median value of housing in Johnson City is $233,400, which is significantly lower than the US median value of $338,100. This makes Johnson City an attractive option for those looking to buy a house. Furthermore, over the past year the appreciation rate of housing in Johnson City has been 20.28%, while the US appreciation rate was 8.27%. This makes Johnson City a particularly good investment opportunity for anyone looking to purchase a home now and hold it as an investment for the future.
The median home cost in Johnson City is $233,400. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Johnson City is up 24.2%.
Average Age of Homes
- The median age of Johnson City real estate is 37 years old
The Rental Market in Johnson City
- Renters make up 40.3% of the Johnson City population
- 1.5% of houses and apartments in Johnson City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.