Johnson City, TN Metro Area - Investment Guide
Metro Area • 13 Cities • 15 ZIP Codes
Avg Home Value
$279,981
Avg Monthly Rent
$1,120
Avg Cap Rate
3.12%
Avg Investability
2.9 ★
Cities
13
ZIP Codes
15
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
❄️
COOL MARKET
Johnson City, TN Metro Area
More inventory, negotiating room for buyers
40 days
Average time to sell
Average
12.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Johnson City, TN
Every ZIP in the metro, ranked four ways. Free.
Cities in Johnson City, TN
Butler
Tennessee
1 ZIPs
Elizabethton
Tennessee
1 ZIPs
Erwin
Tennessee
1 ZIPs
Fall Branch
Tennessee
1 ZIPs
Flag Pond
Tennessee
1 ZIPs
Hampton
Tennessee
1 ZIPs
Johnson City
Tennessee
8 ZIPs
Jonesborough
Tennessee
1 ZIPs
Limestone
Tennessee
1 ZIPs
Roan Mountain
Tennessee
1 ZIPs
Telford
Tennessee
1 ZIPs
Unicoi
Tennessee
1 ZIPs
Watauga
Tennessee
1 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 37681 | Limestone | TN | $291,993 | $909 | 2.43% | |
| 37604 | Johnson City | TN | $271,658 | $1,366 | 3.92% | |
| 37650 | Erwin | TN | $228,638 | $909 | 3.10% | |
| 37656 | Fall Branch | TN | $289,170 | $963 | 2.60% | |
| 37687 | Roan Mountain | TN | $239,599 | $972 | 3.16% | |
| 37615 | Johnson City | TN | $341,551 | $1,590 | 3.63% | |
| 37640 | Butler | TN | $290,933 | $909 | 2.44% | |
| 37690 | Telford | TN | $307,038 | $1,026 | 2.61% | |
| 37692 | Unicoi | TN | $301,202 | $999 | 2.59% | |
| 37643 | Elizabethton | TN | $225,795 | $1,025 | 3.54% | |
| 37658 | Hampton | TN | $206,682 | $909 | 3.43% | |
| 37659 | Jonesborough | TN | $344,383 | $1,628 | 3.69% | |
| 37601 | Johnson City | TN | $269,607 | $1,329 | 3.85% | |
| 37694 | Watauga | TN | $248,604 | $909 | 2.85% | |
| 37650 | Erwin | TN | $216,421 | $909 | 3.28% | |
| 37656 | Fall Branch | TN | $274,117 | $963 | 2.74% | |
| 37681 | Limestone | TN | $298,957 | $909 | 2.37% | |
| 37604 | Johnson City | TN | $288,417 | $1,493 | 4.04% | |
| 37615 | Johnson City | TN | $361,320 | $1,868 | 4.03% | |
| 37687 | Roan Mountain | TN | $250,613 | $972 | 3.03% | |
| 37640 | Butler | TN | $320,352 | $909 | 2.21% | |
| 37658 | Hampton | TN | $195,371 | $909 | 3.63% | |
| 37690 | Telford | TN | $314,068 | $1,026 | 2.55% | |
| 37601 | Johnson City | TN | $258,705 | $1,351 | 4.07% | |
| 37692 | Unicoi | TN | $297,627 | $999 | 2.62% | |
| 37643 | Elizabethton | TN | $237,703 | $1,067 | 3.50% | |
| 37659 | Jonesborough | TN | $324,312 | $1,404 | 3.38% | |
| 37681 | Limestone | TN | $282,127 | $909 | 2.51% | |
| 37604 | Johnson City | TN | $274,402 | $1,544 | 4.39% | |
| 37694 | Watauga | TN | $248,700 | $909 | 2.85% | |
| 37650 | Erwin | TN | $231,261 | $909 | 3.07% | |
| 37656 | Fall Branch | TN | $290,985 | $963 | 2.58% | |
| 37687 | Roan Mountain | TN | $230,769 | $972 | 3.29% | |
| 37615 | Johnson City | TN | $343,027 | $1,814 | 4.13% | |
| 37640 | Butler | TN | $299,688 | $909 | 2.37% | |
| 37690 | Telford | TN | $296,142 | $1,026 | 2.70% | |
| 37692 | Unicoi | TN | $294,694 | $999 | 2.64% | |
| 37643 | Elizabethton | TN | $229,862 | $909 | 3.08% | |
| 37658 | Hampton | TN | $211,977 | $909 | 3.34% | |
| 37659 | Jonesborough | TN | $346,515 | $1,732 | 3.90% | |
| 37601 | Johnson City | TN | $265,893 | $1,255 | 3.68% | |
| 37694 | Watauga | TN | $237,191 | $909 | 2.99% | |
| 37650 | Erwin | TN | $219,839 | $909 | 3.23% | |
| 37656 | Fall Branch | TN | $273,056 | $963 | 2.75% | |
| 37681 | Limestone | TN | $300,801 | $909 | 2.36% | |
| 37604 | Johnson City | TN | $284,396 | $1,539 | 4.22% | |
| 37687 | Roan Mountain | TN | $251,578 | $972 | 3.01% | |
| 37615 | Johnson City | TN | $356,889 | $1,834 | 4.01% | |
| 37640 | Butler | TN | $306,711 | $909 | 2.31% | |
| 37658 | Hampton | TN | $204,269 | $909 | 3.47% |
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About Johnson City, TN Real Estate Market
The Johnson City, TN metropolitan statistical area (MSA) encompasses 13 cities and 15 ZIP codes. The average home value across the metro is $279,981, with an average monthly rent of $1,120. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.