Commercial Real Estate Market in Johnson City, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
327 active listings and 2,420 off-market properties in Johnson City, TN. Commercial property asks $29/SF to buy and $19.78/SF/Yr to lease.
Market Trends
Johnson City, TN spans 118.8 square miles in Washington County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Johnson City, TN asks $125/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Johnson City, TN asks $145/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Johnson City, TN runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Johnson City, TN asks $285/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Johnson City, TN has 100,282 residents in 47,484 households. Density runs 844 people per square mile. Median household income here is $55,500 and median gross rent $931 a month.
100,282
Population
47,484
Households
2.1
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
118.8 sq mi
ZIP Area
844
Density / Sq Mi
$55,500
Median Household Income
$33,518
Median Earnings
$931
Median Rent
$221,347
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mtn Home | — | — |
| Milligan | — | — |
| Watauga | — | — |
| Jonesborough | — | $16.08 |
Commercial property in Johnson City, TN asks $29/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Johnson City?
Commercial property in Johnson City, TN asks an average of $29 per square foot. The 3 most recent recorded sales traded at a median of $76/SF. Multifamily carries the highest asking price at $285/SF.
How much does it cost to lease commercial space in Johnson City?
Asking lease rates in Johnson City, TN average $19.78 per square foot per year.
Where does Realmo's Johnson City market data come from?
Realmo compiles Johnson City, TN figures from 6 recent recorded sales, 261 active sale listings, 66 active lease listings, 2,420 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 261 active for-sale and 66 active for-lease listings in Johnson City, TN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
