Is Johnson County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Johnson County has remained a Buyer's Market.
Housing Prices in Johnson County, TN
How much do homes in Johnson County, TN cost?
Median Sold Price
$274,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Johnson County was $274,500 in February 2024, down 0.2% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $176K | $117K | -33.5% |
2 Bedrooms | $267.9K | $250K | -6.7% |
3 Bedrooms | $267.5K | $255K | -4.7% |
4 Bedrooms | $404K | $357.5K | -11.5% |
5+ Bedrooms | $440K | $950K | +115.9% |
Summary: Johnson County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.5%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 115.9%.
Median Sold Price Compared To Nearby Counties
Washington County | $250.7K | $279.6K | +11.5% |
Carter County | $208.7K | $219.6K | +5.2% |
Johnson County | $275K | $274.5K | -0.2% |
Housing Supply in Johnson County, TN
How many homes are available in Johnson County, TN?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
75 | 75 | 0.0% |
Summary: The Johnson County real estate market had 75 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 46 | 45 | -2.2% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Johnson County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Johnson County in February 2024, up by 20.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Johnson County, TN
How long does it take to sell a home in Johnson County, TN?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
89 Days | 200 Days | +123.4% |
Summary: Homes in Johnson County had an average of 200 days on market in Feb 2024, up by 123.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 6 homes were sold in Johnson County; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.