Jonesborough, TN 37659 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Jonesborough, TN—37659

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$341,000

0.7% YoY Growth

Household Income

$69,800

26.9% YoY Growth

Days on Market

40.0% Longer YoY

Home Price Forecast

2.1%

Median Rent

$1,900

5.0% YoY Growth

1-Bed Rent

$1,450

0.8% YoY Growth

2-Bed Rent

$1,600

19.0% YoY Growth

3-Bed Rent

$2,000

1.4% YoY Growth

Home Price Trends — Jonesborough, TN

As of May '26, the median home price in Jonesborough, TN is $341,000, with a year-over-year change of 0.7%. This indicates that home prices in Jonesborough, TN are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$341,000	0.7%
Single Family	$343,000	1.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Jonesborough, TN

As of July '25, Rentcast reports the average rent in Jonesborough, TN is $1,920, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Jonesborough, TN is studios: $1,900, 1-bedrooms: $1,300, 2-bedrooms: $1,700, 3-bedrooms: $2,150, 4-bedrooms: $2,200. The most common rental property sizes in Jonesborough, TN are 2-bedroom and 3-bedroom, accounting for 41.2% and 26.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,900	$1,920
Studio Rent	$1,900	$1,900
1 Bed Rent	$1,450	$1,300
2 Bed Rent	$1,600	$1,700
3 Bed Rent	$2,000	$2,150
4 Bed Rent	$1,950	$2,200

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% of Rental Stock

Studio

1.0%

1 Bedroom

17.3%

2 Bedrooms

41.2%

3 Bedrooms

26.2%

4 Bedrooms

14.2%

5+ Bedrooms

0.2%

Property Listings — Jonesborough, TN

As of May '26, Realtor.com reports that the median days on market for a home in Jonesborough, TN is 47. This is a increase of 40.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$492,000	4.0%
Listing Count	193	1.0%
Listings as % of Homes	0.7%	1.0%
Days on Market	47	40.0%

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Demographics — Jonesborough, TN

As of the latest ACS Survey released in 2023, Jonesborough, TN has a population of 29,200, which has increased by 4.9% over the past 5 years. Jonesborough, TN is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 28.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	29,200	4.9%
% Under 18	20.6%	3.5%
% Seniors	21.8%	11.2%
% WFH	10.4%	82.5%
% w/ College Degree	28.7%	4.0%

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As of the latest ACS Survey released in 2023, Jonesborough, TN is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Jonesborough, TN is hispanic, making up 3.4% of the population. Foreign-born residents account for 2.6% of the population in Jonesborough, TN, and this percentage has increased by 30.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	90.9%	-5.3%
% Black	1.2%	-20.0%
% Hispanic	3.4%	240.0%
% Asian	1.6%	100.0%
% Foreign Born	2.6%	30.0%

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Mortgage and Risk — Jonesborough, TN

According to HUD data as of 2023, there were 790 mortgage originations in Jonesborough, TN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Jonesborough, TN. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	790
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Jonesborough, TN

As of 2024, the percent of homes in Jonesborough, TN under the Section 8 program is 3.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Jonesborough, TN, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	130
Total Units Section 8	80
% Rentals under Section 8	3.4%
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$430	$1,450	$1,020
2 Bedroom	-$320	$1,600	$1,280
3 Bedroom	-$410	$2,000	$1,590
4 Bedroom	-$160	$1,950	$1,790

Jonesborough, TN—37659

Key Metrics at a Glance

Home Price Trends — Jonesborough, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Jonesborough, TN

% of Rental Stock

Property Listings — Jonesborough, TN

Demographics — Jonesborough, TN

Race and Ethnicity

Mortgage and Risk — Jonesborough, TN

Mortgages

Rentals and Section 8 — Jonesborough, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Jonesborough, TN

Home Price to Income Ratio

Jonesborough, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Telford, TN

Johnson City, TN

Johnson City, TN

Buckstone Hills

Limestone, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$341,000
Median Household Income	$69,800

Jonesborough, TN—37659

Key Metrics at a Glance

Home Price Trends — Jonesborough, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Jonesborough, TN

% of Rental Stock

Property Listings — Jonesborough, TN

Demographics — Jonesborough, TN

Race and Ethnicity

Mortgage and Risk — Jonesborough, TN

Mortgages

Rentals and Section 8 — Jonesborough, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Jonesborough, TN

Home Price to Income Ratio

Jonesborough, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Telford, TN

Johnson City, TN

Johnson City, TN

Buckstone Hills

Limestone, TN

Frequently Asked Questions

What is the average home price in Jonesborough, TN 37659?

How have home prices in Jonesborough, TN 37659 changed over the past year?

What is the home price projection for Jonesborough, TN 37659?

What are the demographics of Jonesborough, TN 37659?

How long does it take homes to sell in Jonesborough, TN 37659?

What is the average rent price in Jonesborough, TN 37659?