Mortgage payment estimates, closing cost breakdowns, and homebuying data for Johnson City, Tennessee.
Pre-filled with Johnson City median home price and Tennessee tax/insurance rates. Adjust for your property.
Estimated closing costs based on Tennessee rates and fees applied to Johnson City prices.
The median home price in Johnson City is $265,000, 22% below the Tennessee state median of $340,000. With a population of 71,046, Johnson City is a smaller market where home prices tend to be more accessible than in many parts of Tennessee.
Property taxes in Tennessee average 0.56% annually. This low property tax rate is a significant advantage for Johnson City buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Tennessee runs approximately $2,400 per year. This is within the normal range nationally.
Average rent in Johnson City is $1,120/month. The price-to-rent ratio in Johnson City is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Johnson City presents moderate affordability. The $265K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.