Foreclosure Homes in Johnson City, TN 37614

Current Market Conditions in Johnson City, TN

The real estate market in Johnson City has seen steady growth over the past few years. Home values have increased, driven by a blend of factors including an influx of new residents and a growing job market. This trend indicates a strong demand for housing, making it a favorable market for investors.

Overall, Johnson City presents a balanced market for buyers and sellers, with a range of properties from affordable starter homes to luxurious estates. Investors can expect good rental yields due to the city's thriving population and the presence of a major university.

Rent Prices In Johnson City, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Johnson City, TN, is on a rollercoaster ride. The average rent price in Johnson City, TN, is $1,219.00. Indeed, when looking to rent in Johnson City, TN, you can expect to pay as little as $480.00 or as much as $3,260.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Johnson City, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.