Is Johnson City, TN 37615 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Johnson City is a seller’s market. With about 2.4 months of supply and 15% 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.

Competition score37/ 100

More competitive than 35% of U.S. ZIP codes, and #78 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

Months of supply2.4Under 4 months = seller’s market
Sold above original list15%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$200▲ +2.3% vs. last year

The Johnson City housing market right now

In the three months ending August 31, 2026, 15% of homes in Johnson City, TN 37615 sold above their list price, the typical home went under contract in 64 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 131 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (47 days then) and the median sale price rose 8% to $404,825. Overall, Johnson City is less competitive than a year ago, which gives buyers more room.

Within Washington County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 83%. On our competition score, Johnson City ranks #78 of 299 TN ZIP codes with enough sales (score 37 out of 100).

Nearby, buyers who want less competition could look at Jonesborough 37659 (12% sold over asking), while Fall Branch 37656 (25% sold over asking) and Johnson City 37601 (20% sold over asking) are even more competitive.

Nearby markets

Fall Branch 37656Seller’s market $194 /sq ftJohnson City 37601Seller’s market $185 /sq ftJohnson City 37604Seller’s market $196 /sq ftJonesborough 37659Seller’s market $208 /sq ft Browse all markets →

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 2.4 months of supply in Johnson City, TN 37615 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 64 days in the latest three months.

Do homes in Johnson City sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 97.5% 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 $404,825 in the three months ending August 31, 2026, about $200 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