Kingsport, TN—37660
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kingsport, TN
As of Oct '25, the median home price in Kingsport, TN is $228,000, with a year-over-year change of 2.5%. This indicates that home prices in Kingsport, TN are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | 2.5% |
| Single Family | $227,000 | 2.3% |
| Condos | $231,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $171,000 | 4.3% |
3 Bed | $251,000 | 2.9% |
4 Bed | $369,000 | 3.4% |
| 5 Bed | $524,000 | 3.4% |
% of Housing Stock
Rental Trends — Kingsport, TN
As of July '25, Rentcast reports the average rent in Kingsport, TN is $1,490, with a year-over-year rent change of 7.2%. Per bedroom, the median rent as of July '25 in Kingsport, TN is studios: $698, 1-bedrooms: $969, 2-bedrooms: $1,250, 3-bedrooms: $1,720, 4-bedrooms: $2,810. The most common rental property sizes in Kingsport, TN are 2-bedroom and 3-bedroom, accounting for 41.9% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,340 | $1,490 |
| Studio Rent | $695 | $698 |
| 1 Bed Rent | $945 | $969 |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | $1,650 | $1,720 |
| 4 Bed Rent | $2,710 | $2,810 |
% of Rental Stock
Property Listings — Kingsport, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Kingsport, TN is 70. This is a increase of 29.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $310,000 | 4.0% |
Listing Count | 203 | 28.0% |
| Listings as % of Homes | 0.3% | 28.0% |
Days on Market | 70 | 29.0% |
Demographics — Kingsport, TN
As of the latest ACS Survey released in 2023, Kingsport, TN has a population of 40,100, which has increased by 2.7% over the past 5 years. Kingsport, TN is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,100 | 2.7% |
% Under 18 | 19.1% | -7.7% |
% Seniors | 23.3% | 5.0% |
% WFH | 9.3% | 158.3% |
% w/ College Degree | 23.7% | 22.8% |
As of the latest ACS Survey released in 2023, Kingsport, TN is a predominantly white area, with 88.2% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Kingsport, TN is black, making up 4.4% of the population. Foreign-born residents account for 2.1% of the population in Kingsport, TN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.2% | -2.6% |
% Black | 4.4% | 25.7% |
% Hispanic | 2.9% | 26.1% |
% Asian | 0.7% | -12.5% |
% Foreign Born | 2.1% | 0.0% |
Mortgage and Risk — Kingsport, TN
According to HUD data as of 2023, there were 716 mortgage originations in Kingsport, TN, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Kingsport, TN. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 716 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Kingsport, TN
As of 2024, the percent of homes in Kingsport, TN under the Section 8 program is 25.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Kingsport, 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 | 1,707 |
Total Units Section 8 | 1,658 |
% Rentals under Section 8 | 25.8% |
% Occupied Section 8 | 80.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$115 | $945 | $830 |
| 2 Bedroom | -$200 | $1,250 | $1,050 |
| 3 Bedroom | -$300 | $1,650 | $1,350 |
| 4 Bedroom | -$1,160 | $2,710 | $1,550 |
Affordability — Kingsport, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $228,000 |
| Median Household Income | $46,900 |