37659
Johnson City, Tennessee
Johnson City 37659 is stable.
The 37659 ZIP code in Johnson City, Tennessee has a median sale price of $400K, up +1.0% year-over-year. Homes spend an average of 62 days on market, with 19% of homes selling above list price.
Folio's PropIQ™ score of 70 signals Neutral Watch conditions. This market is holding steady. Monitor inventory shifts before committing.
Johnson City's 37659 ZIP code shows measured growth with a median sale price of $400,000, up 1.0% year-over-year through February 2026. The market is moving at a moderate pace with homes averaging 61.5 days on market, while 19% of properties sell above asking price. This pricing dynamic suggests selective buyer competition rather than widespread bidding wars, with four out of five homes closing at or below list price in a stabilizing environment.
These conditions favor deliberate buyers with time to negotiate and inspect properties during the two-month marketing window. The 81% of homes selling at or below asking provides leverage for purchasers willing to submit strategic offers. Cash-position investors can capitalize on the extended days-on-market metric to conduct thorough due diligence, while sellers with properly priced homes still capture modest appreciation in a market that rewards patience over urgency.
The PropIQ score of 70 signals neutral momentum with downside risk, indicating the 1.0% annual appreciation may face headwinds ahead. The combination of softening buyer urgency and expanding inventory time suggests price growth could decelerate or stall in coming quarters. Market participants should monitor days-on-market trends and the percentage of above-list sales—any further decline in these metrics would confirm weakening demand and potential price compression by mid-2026.
What is the median home price in 37659 Johnson City?
The median sale price in 37659 is $400K, up +1.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Johnson City 37659?
Homes in 37659 Johnson City spend an average of 62 days on market before going under contract.
Is Johnson City 37659 a good place to invest in real estate?
Folio's PropIQ™ score for 37659 is 70/100 — a Neutral Watch signal. 19% of homes sold above asking.
What does a PropIQ™ score of 70 mean for 37659?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 70 = Neutral Watch in 37659 Johnson City, Tennessee.