Is Johnson City, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson City is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Johnson City was a Seller's Market.

Key Takeaway

Johnson City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Johnson City, TX

How much do homes in Johnson City, TX cost?

Median Sold Price

$485,000

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$35,000(-6.7%)

Key Takeaway

Homes in Johnson City have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in Johnson City was $485,000 in March 2024, down 6.7% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $390K$322.5K
-17.3%
3 $600K$447.5K
-25.4%
4 $550K$505K
-8.2%
5+ $714.9K$3.6M
+410.5%

Summary: Johnson City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.3%, 3 bedroom homes decreased by 25.4%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 410.5%.

Housing Supply in Johnson City, TX

How many homes are available in Johnson City, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2227+22.7%

Summary: The Johnson City real estate market had 27 homes for sale in March 2024, a 22.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 44
0.0%
3 1113
+18.2%
4 57
+40.0%
5+ 12
+100.0%

Summary: The Johnson City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnson City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Johnson City in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Johnson City, TX

How long does it take to sell a home in Johnson City, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days123 Days+165.5%

Summary: Homes in Johnson City had an average of 123 days on market in Mar 2024, up by 165.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Johnson City are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Johnson City; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Johnson City, TX

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