Is Johnson City, TN 37604 a buyer’s or seller’s market?
Johnson City is a seller’s market. With about 3.5 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 43% of U.S. ZIP codes, and #50 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Johnson City housing market right now
In the three months ending August 31, 2026, 18% of homes in Johnson City, TN 37604 sold above their list price, the typical home went under contract in 39 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 132 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (44 days then) and the median sale price fell 9% to $286,876. Overall, Johnson City is more competitive than a year ago, so tougher for buyers.
Within Washington County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 50%. On our competition score, Johnson City ranks #50 of 299 TN ZIP codes with enough sales (score 43 out of 100).
Nearby, buyers who want less competition could look at Jonesborough 37659 (12% sold over asking) or Johnson City 37615 (15% sold over asking), while Fall Branch 37656 (25% sold over asking) is even more competitive.
Run the numbers for 37604
Nearby markets
Fall Branch 37656Seller’s market $194 /sq ftJohnson City 37601Seller’s market $185 /sq ftJohnson City 37615Seller’s market $200 /sq ftJonesborough 37659Seller’s market $208 /sq ft Browse all markets →Towns like Johnson City nearby
Find towns like Johnson City in other states →Where Johnson City is
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Questions about Johnson City real estate
Is Johnson City a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Johnson City, TN 37604 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Johnson City?
The typical home went under contract in 39 days in the latest three months.
Do homes in Johnson City sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Johnson City?
About 0.52% of a home’s value a year in Washington County, or roughly $2,080 on a $400,000 home.
What is the median home price in Johnson City?
The median sale price was $286,876 in the three months ending August 31, 2026, about $196 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology