Kingsport, TN

Buyer's market-0.8% YoY

Housing market overview · Updated weekly

$242,450median sale price

Homes sold

63

Last 12 weeks

Days on market

86

Average pace

Active listings

309

4.9 months supply

Sale-to-list

94.8%

Below asking

The Kingsport housing market is currently classified as a buyer's market with a median sale price of $242,450. Prices have fallen 0.8% compared to last year, with homes spending an average of 86 days on market, indicating 4.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Kingsport?

The median home sale price in Kingsport is $242,450, down 0.8% from last year.

How long do homes stay on market in Kingsport?

Homes typically spend 86 days on market before going under contract.

Is Kingsport a buyer's or seller's market?

With 4.9 months of supply, Kingsport is currently a buyer's market.

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