Johnson County, Tennessee Housing Market

In Johnson County, Tennessee, the median home value is $178,600, with a median monthly rent of $674. This places Johnson County at #1658 nationally out of 3134 counties by median home value, and #59 within Tennessee.

Median Home Value $178,600
Median Rent $674/mo
Owner Occupancy 77.5%
Price/Rent Ratio 22.1

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

3,047
jobs (private sector)
  • Avg weekly wage: $1,097
  • Establishments: 320
  • BLS QCEW, 2025
🏗️

Housing Supply

6
new units authorized (2025)
  • Single-family: 6
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+593
net migration (filers, 2021-2022)
  • Inflow: 6,283 (avg $62,473)
  • Outflow: 5,690 (avg $56,670)
  • IRS Statistics of Income

How Johnson County Compares

MetricJohnson CountyTennessee AverageU.S. Average
Median Home Value $178,600 $223,385 $227,706
Median Gross Rent $674 $892 $968
Owner Occupancy Rate 77.5% 74.1% 73.3%
Price/Rent Ratio 22.1 20.5 18.7

Market Analysis

The median home value in Johnson County is 20.0% below the Tennessee state average and 21.6% below the U.S. national average. The median rent of $674/month is 24.4% below the state average.

With a price-to-rent ratio of 22.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Johnson County has an owner-occupancy rate of 77.5%, compared to 74.1% in Tennessee and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Clay County Iowa $178,600 $811
Richmond County Georgia $178,500 $1,141
Wayne County Michigan $178,500 $1,132
Montgomery County Missouri $178,700 $788
Wayne County North Carolina $178,700 $965

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Pickett County $178,500 $564 83.4%
Meigs County $180,000 $875 81.0%
Hawkins County $176,300 $785 80.1%
Lewis County $173,400 $708 81.9%
Overton County $173,200 $832 76.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).