TN · Metro #167

Kingsport - TN housing market

The Kingsport metro has a typical home value of $246,243, up 1.3% from a year ago. Homes sell in 20 days on average, a balanced market. 31% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$246,243
+1.3% vs. year ago
Median sale price
$240,937
+1.5% YoY
Median list price
$321,017
Sale-to-list ratio
96.8%
Selling below ask
Days on market
20d
Listings w/ price cut
31.3%
New listings / mo
412
+2.2% YoY
Homes for sale
1,440
+11.4% YoY
Typical rent
$1,320/mo
+4.2% YoY
Income needed to buy
$71,600
Rent vs buy
15.5x
October 2026 report · Zillow data through August 2026

Kingsport housing market, October 2026

The typical Kingsport home is worth $246,243 as of August 2026, up 0.1% from the prior month, up 0.4% over three months, and up 1.3% from a year ago. Over the past two years values have ranged from $240,375 to $246,243.

Homes are going pending in about 20 days, slower than the 15 days seen three months earlier. There are roughly 1,440 homes for sale, 11% more than a year ago. 31.3% of listings have taken a price cut (up from 30.2% three months ago).

Typical rent is $1,320 a month, up 4.2% year over year, which puts the price-to-rent ratio at 15.5.

At this week's 7.40% mortgage rate with 20% down ($49,249), the typical Kingsport home costs about $1,672 a month including tax and insurance, which needs a household income of roughly $71,600 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$246k$240kSep 24Sep 25Aug 26
Days to pending, 24 months
49d14dSep 24Sep 25Aug 26
Homes for sale, 24 months
1.4k973Sep 24Sep 25Aug 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →

Context

How to read this data

The typical home value ($246,243) is the Zillow Home Value Index for the Kingsport - TN metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.3% over the past year. In Kingsport - TN, that means a home worth $243,083 last year is now worth roughly $246,243.

The median sale price, what homes actually close for, is $240,937. Homes are selling at 96.8% of list price, meaning buyers have room to negotiate.

Homes listed in Kingsport - TN sit on the market for roughly 20 days before going pending. Shorter = seller's market; longer = buyer's market.

About 31.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 412 new listings hit the market each month in Kingsport - TN. There are currently 1,440 homes for sale, up 11.4% from a year ago.

The typical monthly rent in Kingsport - TN is $1,320, up 4.2% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.5x, toss-up (#133 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,364 a month in principal and interest, $44 more than renting before taxes, insurance and upkeep. The two break even at a 7.07% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →

Related

Other metros in TN

MetroHome value1-yr changeDays on market
Nashville - TN$452,186 -0.6% 34.0d
Memphis - TN$244,737 +0.1% 33.0d
Knoxville - TN$364,988 +2.0% 22.0d
Chattanooga - TN$322,958 -0.2% 31.0d
Clarksville - TN$291,739 +0.1% 32.0d
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