Is Johnson County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Johnson County was a Buyer's Market.
Housing Prices in Johnson County, TN
How much do homes in Johnson County, TN cost?
Median Sold Price
$274,750
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Johnson County was $274,750 in April 2024, down 0.1% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195.5K | $113.5K | -41.9% |
2 Bedrooms | $270K | $245K | -9.3% |
3 Bedrooms | $250K | $274.5K | +9.8% |
4 Bedrooms | $404K | $360K | -10.9% |
5+ Bedrooms | $440K | $950K | +115.9% |
Summary: Johnson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.9%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 115.9%.
Median Sold Price Compared To Nearby Counties
Washington County | $255K | $279.6K | +9.6% |
Carter County | $210K | $228.9K | +9.0% |
Johnson County | $275K | $274.7K | -0.1% |
Housing Supply in Johnson County, TN
How many homes are available in Johnson County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 89 | +12.7% |
Summary: The Johnson County real estate market had 89 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 10 | 14 | +40.0% |
3 Bedrooms | 43 | 49 | +14.0% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Johnson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 14%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 16 | +45.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Johnson County in April 2024, up by 45.5% month-over-month. Of the 16 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
134 Days | 97 Days | -27.3% |
Summary: Homes in Johnson County had an average of 97 days on market in Apr 2024, down by 27.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Johnson County; 31% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.