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 November 2023

At the same time last year, Johnson City was a Neutral 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

$525,000

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,100(+9.4%)

Key Takeaway

Homes in Johnson City have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Johnson City was $525,000 in November 2024, up 9.4% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$275K
N/A
2 $385K$375K
-2.6%
3 $485K$445K
-8.2%
4 $485K$850K
+75.3%
5+ $2.0M$1.3M
-34.6%

Summary: Johnson City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 75.3%, and 5+ bedroom homes decreased by 34.6%.

Housing Supply in Johnson City, TX

How many homes are available in Johnson City, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4344+2.3%

Summary: The Johnson City real estate market had 44 homes for sale in November 2024, a 2.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2728
+3.7%
4 55
0.0%
5+ 66
0.0%

Summary: The Johnson City housing inventory by bedroom type for November 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 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Johnson City in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% 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

Nov 2023Nov 2024CHANGE
262 Days80 Days-69.2%

Summary: Homes in Johnson City had an average of 80 days on market in Nov 2024, down by 69.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Johnson City has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Johnson City; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

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