Market Intelligence Report — TN-740

Johnson City, TN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TN-09
As of the latest 2026 data
Stabilizing

Median Listing

$417K
+3.7% YoY

Pending Ratio

0.47
-0.2% YoY

Active Inventory

657
-1.4% YoY

Median DOM

65 Days
+0.8% YoY

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Johnson City is currently in a Stabilizing condition, with a pending ratio of 0.47 indicating balanced demand absorption relative to inventory. The median listing price increased by 3.7% over the past year, while active listings showed a marginal decline of 1.4% during the same period.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.2%-0.3 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

216,416+0.7% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

92+61.4% YoY

Building permits (private housing units) · Sep 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Johnson City market right now.

The market maintains a relatively stable inventory landscape, with active listings decreasing by 1.4% year-over-year and new listings remaining flat. The median listing price experienced a modest year-over-year increase of 3.7%, despite a slight month-over-month decline. The pending ratio has observed a year-over-year decline of 0.2 points, suggesting a marginal slowing in the pace of demand relative to available supply.

Colin Johnson
Colin Johnson
Keller Williams Realty

“Local pricing and inventory dynamics across Johnson City shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$417K-1.5% MoM

Active Inventory

657-1.4% YoY

Days on Market

65+0.8% YoY

Sold Score™

56-0.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

56
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.47, the market exhibits a balanced absorption rate, implying that neither demand nor supply holds a distinct advantage in shaping transactional terms. The slight year-over-year increase in median days on market and price-reduced share suggests that while supply remains constrained, price discipline may require more attention from sellers to align with buyer expectations.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

657 active listings represent the current floor, with new supply arriving at roughly 256 per month.

Pricing Pressure
28.3%

of active listings carry a price reduction, +1.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.3% year-over-year.

Absorption
0.47

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Johnson City, TN? Buyer Demand Index is running at 47%.

Johnson City, TN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
47%
Median Days on Market
65 days
Inventory YoY
−1%

Johnson City, TN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score →

Talk to a local listing expert covering Johnson City, TN.

Colin Johnson →

Keller Williams Realty

How these recommendations are chosen →

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Metro Demographics

Metro Area
Johnson City, TN
CBSA Code
27740
State
TN

ZIPs in Johnson City, TN

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