Metro area index
Home appreciation in the Johnson City, TN metro area
FHFA HPI® data shows the Johnson City, TN metro area's all-transactions index changed +4.0% over the year to Q2 2026, versus +2.6% for Tennessee and +3.0% for the U.S. That ranks 156th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.0%
- 5-year change
- +63.4%
- Since Q1 1995
- +299%
- Metro rank (1 year)
- 156th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Johnson City, TN vs Tennessee and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Johnson City, TN: 399.3
- Tennessee: 413.2
- United States: 391.6
Appreciation by time window
| Window | Metro | TN | U.S. | Gap vs TN | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.0% | +2.6% | +3.0% | +1.4 pts | +1.0 pts |
| 3 years | +16.9% | +11.8% | +12.9% | +5.1 pts | +4.1 pts |
| 5 years | +63.4% | +50.0% | +41.3% | +13.5 pts | +22.1 pts |
| 10 years | +119% | +119% | +93.3% | +0.2 pts | +26.0 pts |
| Since Q1 1995 | +299% | +313% | +292% | −14.0 pts | +7.7 pts |
3-digit ZIP regions in the Johnson City, TN area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 376 · Johnson City, TN area | TN | +4.3% | +61.8% | +302% | 48% |
Boom, bust, and recovery in Johnson City, TN area
Johnson City, TN area's index peaked in Q1 2009, fell 6.5% to its low in Q2 2011, and regained its peak in Q4 2015, about 6.8 years after the top. Today it sits +122% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2009 | Q2 2011 | -6.5% | Q4 2015 (6.8 yrs) | +122% |
| TN | Q1 2008 | Q2 2011 | -8.9% | Q2 2015 (7.2 yrs) | +134% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Johnson City, TN area's index has changed +80.3% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | TN after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.2% | -1.2% | -0.8% |
| 3 years | +9.8% | +6.5% | +1.9% | +2.8% |
| 5 years | +24.0% | +31.8% | +20.9% | +13.9% |
| 10 years | +39.1% | +57.7% | +57.5% | +39.0% |
| Since Q1 1995 | +121% | +80.3% | +86.6% | +76.8% |
If you bought in the Johnson City, TN area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +288% | $1,163,035 |
| Q2 2000 | +228% | $982,778 |
| Q2 2005 | +161% | $783,138 |
| Q2 2010 | +126% | $678,761 |
| Q2 2015 | +123% | $669,130 |
| Q2 2020 | +83.6% | $550,793 |
| Q2 2021 | +63.4% | $490,283 |
| Q2 2023 | +16.9% | $350,801 |
| Q2 2025 | +4.0% | $312,084 |
Frequently asked questions
- How much have home prices risen in the Johnson City, TN area?
- FHFA HPI® data for the Johnson City, TN metro area shows changes of +4.0% over one year, +63.4% over five years, and +119% over ten years to Q2 2026, and +299% since Q1 1995.
- Is the Johnson City, TN area beating the national average?
- Over the past year the metro's index moved +1.0 pts versus the U.S.; over five years the gap is +22.1 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.