Kingsport, TN—37663
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kingsport, TN
As of Nov '25, the median home price in Kingsport, TN is $307,000, with a year-over-year change of 1.0%. This indicates that home prices in Kingsport, TN are flat. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | 1.0% |
| Single Family | $311,000 | 0.6% |
| Condos | $220,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $205,000 | 2.5% |
3 Bed | $314,000 | 1.3% |
4 Bed | $390,000 | 0.8% |
| 5 Bed | $472,991 | 1.1% |
% of Housing Stock
Rental Trends — Kingsport, TN
As of July '25, Rentcast reports the average rent in Kingsport, TN is $1,690, with a year-over-year rent change of 36.3%. Per bedroom, the median rent as of July '25 in Kingsport, TN is 1-bedrooms: $833, 2-bedrooms: $1,190, 3-bedrooms: $1,930, 4-bedrooms: $3,600. The most common rental property sizes in Kingsport, TN are 2-bedroom and 3-bedroom, accounting for 43.6% and 36.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,690 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $833 |
| 2 Bed Rent | $1,000 | $1,190 |
| 3 Bed Rent | $1,800 | $1,930 |
| 4 Bed Rent | $2,200 | $3,600 |
% of Rental Stock
Property Listings — Kingsport, TN
As of Nov '25, Realtor.com reports that the median days on market for a home in Kingsport, TN is 56. This is a increase of 27.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $389,000 | 8.0% |
Listing Count | 91 | 46.0% |
| Listings as % of Homes | 0.5% | 46.0% |
Days on Market | 56 | 27.0% |
Demographics — Kingsport, TN
As of the latest ACS Survey released in 2023, Kingsport, TN has a population of 14,000, which has decreased by -4.4% over the past 5 years. Kingsport, TN is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 33.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,000 | -4.4% |
% Under 18 | 17.4% | -3.3% |
% Seniors | 24.2% | 7.1% |
% WFH | 9.8% | 237.9% |
% w/ College Degree | 33.5% | 4.4% |
As of the latest ACS Survey released in 2023, Kingsport, TN is a predominantly white area, with 93.8% 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 asian, making up 2.3% of the population. Foreign-born residents account for 3.2% of the population in Kingsport, TN, and this percentage has increased by 166.7% 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 | 93.8% | -2.6% |
% Black | 0.2% | -83.3% |
% Hispanic | 1.9% | 58.3% |
% Asian | 2.3% | 666.7% |
% Foreign Born | 3.2% | 166.7% |
Mortgage and Risk — Kingsport, TN
According to HUD data as of 2023, there were 294 mortgage originations in Kingsport, TN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Kingsport, TN. Investor activity is low, as 2.0% 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 | 294 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Rentals and Section 8 — Kingsport, TN
As of 2024, the percent of homes in Kingsport, TN under the Section 8 program is 3.8%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Kingsport, TN, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 43 |
Total Units Section 8 | 43 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $850 | $840 |
| 2 Bedroom | $60 | $1,000 | $1,060 |
| 3 Bedroom | -$440 | $1,800 | $1,360 |
| 4 Bedroom | -$640 | $2,200 | $1,560 |
Affordability — Kingsport, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $307,000 |
| Median Household Income | $76,100 |