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:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
❄️
COOL MARKET
Johnson City, TN Metro Area
More inventory, negotiating room for buyers
48 days
Average time to sell
Average
13.2%
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 September 19, 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 | $300,801 | $909 | 2.36% | |
| 37604 | Johnson City | TN | $284,396 | $1,539 | 4.22% | |
| 37656 | Fall Branch | TN | $273,056 | $963 | 2.75% | |
| 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% | |
| 37690 | Telford | TN | $317,501 | $1,026 | 2.52% | |
| 37601 | Johnson City | TN | $258,705 | $1,351 | 4.07% | |
| 37692 | Unicoi | TN | $302,257 | $999 | 2.58% | |
| 37643 | Elizabethton | TN | $234,323 | $1,067 | 3.55% | |
| 37659 | Jonesborough | TN | $323,507 | $1,487 | 3.58% | |
| 37681 | Limestone | TN | $284,606 | $909 | 2.49% | |
| 37604 | Johnson City | TN | $274,402 | $1,544 | 4.39% | |
| 37694 | Watauga | TN | $255,031 | $909 | 2.78% | |
| 37650 | Erwin | TN | $229,185 | $909 | 3.09% | |
| 37656 | Fall Branch | TN | $285,551 | $963 | 2.63% | |
| 37687 | Roan Mountain | TN | $238,476 | $972 | 3.18% | |
| 37615 | Johnson City | TN | $343,027 | $1,814 | 4.13% | |
| 37640 | Butler | TN | $299,688 | $909 | 2.37% | |
| 37690 | Telford | TN | $296,066 | $1,026 | 2.70% | |
| 37692 | Unicoi | TN | $296,862 | $999 | 2.62% | |
| 37643 | Elizabethton | TN | $229,862 | $909 | 3.08% | |
| 37658 | Hampton | TN | $205,067 | $909 | 3.46% | |
| 37601 | Johnson City | TN | $265,153 | $1,311 | 3.86% | |
| 37694 | Watauga | TN | $240,043 | $909 | 2.95% | |
| 37650 | Erwin | TN | $219,839 | $909 | 3.23% | |
| 37659 | Jonesborough | TN | $341,435 | $1,711 | 3.91% | |
| 37681 | Limestone | TN | $295,775 | $909 | 2.40% | |
| 37604 | Johnson City | TN | $281,433 | $1,512 | 4.19% | |
| 37656 | Fall Branch | TN | $273,056 | $963 | 2.75% | |
| 37687 | Roan Mountain | TN | $242,099 | $972 | 3.13% | |
| 37615 | Johnson City | TN | $354,879 | $1,872 | 4.11% | |
| 37640 | Butler | TN | $298,998 | $909 | 2.37% | |
| 37658 | Hampton | TN | $204,269 | $909 | 3.47% | |
| 37690 | Telford | TN | $311,036 | $1,026 | 2.57% | |
| 37692 | Unicoi | TN | $302,378 | $999 | 2.58% | |
| 37643 | Elizabethton | TN | $232,345 | $1,050 | 3.52% | |
| 37659 | Jonesborough | TN | $323,507 | $1,487 | 3.58% | |
| 37681 | Limestone | TN | $284,606 | $909 | 2.49% | |
| 37601 | Johnson City | TN | $267,948 | $1,314 | 3.82% | |
| 37694 | Watauga | TN | $248,590 | $909 | 2.85% | |
| 37650 | Erwin | TN | $227,336 | $909 | 3.12% | |
| 37656 | Fall Branch | TN | $283,268 | $963 | 2.65% | |
| 37687 | Roan Mountain | TN | $238,476 | $972 | 3.18% | |
| 37604 | Johnson City | TN | $288,254 | $1,481 | 4.01% | |
| 37615 | Johnson City | TN | $359,330 | $1,900 | 4.12% | |
| 37690 | Telford | TN | $296,066 | $1,026 | 2.70% | |
| 37640 | Butler | TN | $306,242 | $909 | 2.32% | |
| 37658 | Hampton | TN | $204,509 | $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.