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Kingsport Housing Market Experiences Significant Growth

Neighborhood in Kingsport, Tennessee with new homes and construction.

Kingsport, Tennessee, October 4, 2025

News Summary

The housing market in Kingsport, Tennessee, is witnessing a robust increase in home prices while inventory continues to dwindle. As affordability becomes a growing concern for potential buyers, notable properties priced around $500,000 are making headlines. With a reported 7.91% growth in home values from the previous year, Kingsport is recognized as one of the top booming housing markets. The rise in demand and ongoing construction efforts suggest the area is poised for further development, providing opportunities for both buyers and investors.

Kingsport, Tennessee Housing Market Insights

Kingsport, Tennessee, is experiencing a significant surge in its housing market as home prices soar and inventory shrinks. As of October 4, 2025, the typical U.S. home sold for $440,000, with starter homes nearing the $300,000 mark. For many individuals, homeownership is becoming increasingly unreachable, as prices continue to rise and affordability diminishes.

Despite the often-busy spring and summer buying seasons, the housing market in Kingsport has shown sluggish activity. An analysis conducted by Redfin Real Estate identified homes available in the Kingsport area that are priced around the $500,000 range. Notable properties include:

  • 1902 Lamont St, Kingsport, TN: $500,000, 5 bedrooms, 3.5 bathrooms, 5,352 square feet.
  • 4416 Beechcliff Dr, Kingsport, TN: $479,000, 5 bedrooms, 3 bathrooms, 3,591 square feet.
  • 212 Old Castle Rd, Kingsport, TN: $482,500, 4 bedrooms, 4 bathrooms, 3,335 square feet.
  • 102 Patrick Henry Cir, Kingsport, TN: $499,900, 5 bedrooms, 2.5 bathrooms, 3,466 square feet.

Kingsport has been recognized as No. 12 among the top booming housing markets for 2025 by GoBankingRates. From 2023 to 2024, the city experienced a 7.91% growth in home value, increasing by over $17,000 to an average home value of $233,467.

Additionally, Kingsport’s housing market is noted for its affordability and demand for properties. Recent statistics indicate a boom in residential construction, with home starts and construction values surpassing previous years. The city manager has reported over 2,000 relocations to Kingsport since March 2020, spurred by work relocations and retirements.

The heightened demand for homes has resulted in limited inventory. Both national and local builders are investing in the area to help meet the increased supply required. Property tax revenue from newly permitted homes is anticipated to support improvements in infrastructure as the population continues to rise. Furthermore, the growth of Kingsport’s housing market has attracted the attention of national site selectors, indicating potential commercial development opportunities in the region.

Key Statistics

Metric Value
Typical U.S. Home Price $440,000
Average Starter Home Price $300,000
Kingsport Average Home Value Increase (2023-2024) $233,467 (+$17,000, 7.91%)
Relocations to Kingsport since March 2020 2,000+

Conclusion

The current environment in Kingsport reflects a robust housing market poised for further growth as demand rises and new housing projects commence. Residents and prospective buyers are encouraged to stay informed about market trends as the city expands to accommodate its growing population.

FAQ Section

What is the typical home price in the U.S. as of October 2025?

As of October 4, 2025, the typical U.S. home sold for $440,000, while starter homes approached $300,000.

How has Kingsport’s home value changed recently?

The city experienced a 7.91% growth in home value from 2023 to 2024, increasing by over $17,000 to an average value of $233,467.

What are some homes available near the $500,000 mark in Kingsport?

Examples of properties in Kingsport include:
– 1902 Lamont St, $500,000, 5 bedrooms, 3.5 bathrooms, 5,352 sq ft.
– 4416 Beechcliff Dr, $479,000, 5 bedrooms, 3 bathrooms, 3,591 sq ft.
– 212 Old Castle Rd, $482,500, 4 bedrooms, 4 bathrooms, 3,335 sq ft.
– 102 Patrick Henry Cir, $499,900, 5 bedrooms, 2.5 bathrooms, 3,466 sq ft.


Deeper Dive: News & Info About This Topic

HERE Resources

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Additional Resources

STAFF HERE BRISTOL WRITTER
Author: STAFF HERE BRISTOL WRITTER

The BRISTOL STAFF WRITER represents the experienced team at HEREBristol.com, your go-to source for actionable local news and information in Bristol, Sullivan County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Bristol Rhythm & Roots Reunion, NASCAR races at Bristol Motor Speedway, Border Bash concert series, and the Hot Bristol Night Car Show. Our coverage extends to key organizations like the Bristol Chamber of Commerce, Believe in Bristol, and the Birthplace of Country Music, plus leading businesses in healthcare, manufacturing, and entertainment that power the local economy such as Ballad Health, Strongwell, and Bristol Motor Speedway. As part of the broader HERE network, including HEREChattanooga.com, HEREKnoxville.com, HEREMemphis.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.

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