Johnson City Home Prices & Values

$134,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.5% 1-year change
  • 1.4% 1-year forecast

The median home value in Johnson City is $134,300. Johnson City home values have gone up 2.5% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in Johnson City is $94, which is higher than the Johnson City Metro average of $94. The median price of homes currently listed in Johnson City is $157,000 while the median price of homes that sold is $142,000. The median rent price in Johnson City is $675, which is the same as the Johnson City Metro median of $675.

Foreclosures will be a factor impacting home values in the next several years. In Johnson City 5.3 homes are foreclosed (per 10,000). This is greater than the Johnson City Metro value of 4.6 and also greater than the national value of 4.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Johnson City is 1.7%, which is lower than the national value of 8.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Johnson City homeowners underwater on their mortgage is 13.3%, which is lower than Johnson City Metro at 14.0%.

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Relative ZHVI
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Johnson City Market Overview

Data through Mar 31, 2014
  • $134,300 ZHVI
  • 1.4% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Mar 31, 2015)
  • $157,000 Median listing price
  • $142,000 Median sale price
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Johnson City Market Health

Data through Mar 31, 2014
  • 5.1/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region’s housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)

Homes foreclosed (per 10,000)

5.3 homes Johnson City
4.6 homes Johnson City Metro
4.9 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Piney Flats $171,400 Jonesborough $145,900 Telford $143,500
Blountville $139,400 Bluff City $133,000 Kingsport $115,100
Watauga $106,800 Hampton $99,800 Unicoi $97,800

Listings & Sales

Data through Mar 31, 2014
  • $94 Median list price / sq ft
  • $83 Median sale price / sq ft
  • 34.7% Listings with price cut
21.1%
Sold below listing
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Johnson City Rentals

Data through Mar 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$976 Johnson City
$943 Johnson City Metro
$1,315 United States
  • No recent data Breakeven horizon
  • $675 Rent list price
  • $0.68 Rent list price / sq ft
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