Johnson City, TN 37604 - Real Estate Investment Insights & Performance Data

Welcome to our 37604 real estate data hub, tailored for investors in Johnson City, TN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 37604 in Johnson City, TN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WASHINGTON COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Johnson City, TN real estate investing. Uncover the wealth of information available, and position yourself for success in the Johnson City property market.

• Location Overview

  • Zip Code: 37604
  • City: Johnson City
  • State: TN
  • Metro Area: Johnson City, TN
  • County Name: WASHINGTON COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $235,082
  • Average Home Price (Single Family Homes): $237,419
  • Average Monthly Rental Price (All Types): $1,051
  • Price-to-Rent Ratio: 19
  • Zillow Projected % appreciation from 4/2023-4/2024: 3.6%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $960
  • Average 3 Bedroom Section 8 Rental Rates: $1,210
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.41
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.19
  • Number of Units Offered in Section 8 in the County: 1588
  • Number of Occupied Units in Section 8 in the County: 1465
  • Percentage of Section 8 Units Occupied in the County: 92.30000305%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 232.64
  • Total % Appreciation since 2000 (Government Data): 133.64
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 3.05%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 9.35%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 49.4%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.94%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 102.76%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 100.41%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 161.31%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -5.46%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%