The housing market in Johnson City, TN (37604) is thriving. The median value for homes in Johnson City is $241,100, which is significantly lower than the US median of $338,100; however, the appreciation rate in this area is 20.28%, which is much higher than the US average of 8.27%. This makes Johnson City an attractive option for potential homeowners looking to buy a home at an affordable price and get a great return on their investment.
The median home cost in Johnson City (zip 37604) is $241,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Johnson City (zip 37604) is up 24.2%.
Average Age of Homes
- The median age of Johnson City (zip 37604) real estate is 38 years old
The Rental Market in Johnson City (zip 37604)
- Renters make up 38.7% of the Johnson City (zip 37604) population
- 1.5% of houses and apartments in Johnson City (zip 37604), 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.