Kingsport, TN—37664
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 $277,000, with a year-over-year change of 1.4%. This indicates that home prices in Kingsport, TN are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $277,000 | 1.4% |
| Single Family | $280,000 | 1.1% |
| Condos | $235,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $183,000 | 1.7% |
3 Bed | $290,000 | 1.0% |
4 Bed | $420,000 | 1.2% |
| 5 Bed | $557,000 | 0.7% |
% of Housing Stock
Rental Trends — Kingsport, TN
As of July '25, Rentcast reports the average rent in Kingsport, TN is $1,500, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Kingsport, TN is studios: $650, 1-bedrooms: $996, 2-bedrooms: $1,240, 3-bedrooms: $2,020, 4-bedrooms: $2,280. The most common rental property sizes in Kingsport, TN are 2-bedroom and 3-bedroom, accounting for 39.4% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,500 |
| Studio Rent | $650 | $650 |
| 1 Bed Rent | $850 | $996 |
| 2 Bed Rent | $1,150 | $1,240 |
| 3 Bed Rent | $2,150 | $2,020 |
| 4 Bed Rent | $2,200 | $2,280 |
% 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 61. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | 0.0% |
Listing Count | 158 | 41.0% |
| Listings as % of Homes | 0.4% | 41.0% |
Days on Market | 61 | -3.0% |
Demographics — Kingsport, TN
As of the latest ACS Survey released in 2023, Kingsport, TN has a population of 28,700, which has increased by 7.0% over the past 5 years. Kingsport, TN is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 33.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,700 | 7.0% |
% Under 18 | 20.8% | 10.6% |
% Seniors | 24.3% | 12.5% |
% WFH | 10.9% | 275.9% |
% w/ College Degree | 33.9% | 22.8% |
As of the latest ACS Survey released in 2023, Kingsport, TN is a predominantly white area, with 93.9% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Kingsport, TN is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.8% of the population in Kingsport, TN, and this percentage has decreased by 14.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.9% | 1.5% |
% Black | 1.0% | -28.6% |
% Hispanic | 1.8% | -37.9% |
% Asian | 0.6% | -40.0% |
% Foreign Born | 1.8% | -14.3% |
Mortgage and Risk — Kingsport, TN
According to HUD data as of 2023, there were 838 mortgage originations in Kingsport, TN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% 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. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 838 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Kingsport, TN
As of 2024, the percent of homes in Kingsport, TN under the Section 8 program is 14.1%. 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 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 | 511 |
Total Units Section 8 | 503 |
% Rentals under Section 8 | 14.1% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$80 | $850 | $770 |
| 2 Bedroom | -$170 | $1,150 | $980 |
| 3 Bedroom | -$890 | $2,150 | $1,260 |
| 4 Bedroom | -$760 | $2,200 | $1,440 |
Affordability — Kingsport, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $277,000 |
| Median Household Income | $61,200 |