Is Jonesborough, TN 37659 a buyer’s or seller’s market?
Jonesborough is a seller’s market. With about 3.3 months of supply and 12% 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 28% of U.S. ZIP codes, and #126 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 Jonesborough housing market right now
In the three months ending August 31, 2026, 12% of homes in Jonesborough, TN 37659 sold above their list price, the typical home went under contract in 55 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 170 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold faster (62 days then) and the median sale price fell 2% to $399,827. Overall, Jonesborough is about as competitive as it was a year ago.
Within Washington County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Jonesborough ranks #126 of 299 TN ZIP codes with enough sales (score 32 out of 100).
Nearby, Fall Branch 37656 (25% sold over asking) and Johnson City 37601 (20% sold over asking) are even more competitive.
Run the numbers for 37659
Nearby markets
Fall Branch 37656Seller’s market $194 /sq ftJohnson City 37601Seller’s market $185 /sq ftJohnson City 37604Seller’s market $196 /sq ftJohnson City 37615Seller’s market $200 /sq ft Browse all markets →Towns like Jonesborough nearby
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Questions about Jonesborough real estate
Is Jonesborough a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Jonesborough, TN 37659 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 Jonesborough?
The typical home went under contract in 55 days in the latest three months.
Do homes in Jonesborough sell over asking?
12% 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 Jonesborough?
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 Jonesborough?
The median sale price was $399,827 in the three months ending August 31, 2026, about $208 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