The housing market in the Johnson City, TN Metro Area is thriving. The median value of a house is $225,100, which is much lower than the national median value of $338,100. This lower cost makes it an attractive option for people looking to buy a home. In addition, the appreciation rate for homes in this area has been higher than the national average at 18.51%, compared to 8.27%. This suggests a strong and healthy real estate market in Johnson City that continues to grow each year and provides great investment opportunities.
The median home cost in Johnson City Metro Area is $225,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Johnson City Metro Area is up 24.2%.
Average Age of Homes
- The median age of Johnson City Metro Area real estate is 37 years old
The Rental Market in Johnson City Metro Area
- Renters make up 28.0% of the Johnson City Metro Area population
- 0.9% of houses and apartments in Johnson City Metro Area, 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.