Open on the map

Kingsport-Bristol, TN-VA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$242,853+1.1% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$52,646About 0.8× the local median income ($62,181): affordable for a typical household
Days on market66 daysAbout the same pace as a year ago
Next 12 months+1.9%Zillow expects prices to rise slightly

The typical home in Kingsport-Bristol, TN-VA is worth $242,853, up 1.1% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $220,711, so the area is 10.0% overvalued. It is a buyer's market: homes take about 66 days to sell, listings are up 20% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $52,646 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,181. Typical rent is $1,330 a month, or $1,622 for a house. In the latest IRS figures, 2,346 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$242,853
Change in 1 year+1.1%
Overvalued %+10.0%
Show 7 more
Fair home value$220,711
Change in 5 years+35.0%
Zillow forecast, next 12 months+1.9%
Home value to income3.9×
Monthly mortgage payment (20% down)$1,316
Income needed to afford it$52,646
Property tax rate0.57%

Rent and investing

Typical rent$1,330
Typical rent for houses$1,622
Price-to-rent ratio15.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms$1,091
Gross rental yield6.57%
Cap rate (estimate)4.27%

Market activity

Listings vs a year ago+19.7%
Days on market66
Listings with a price cut23.8%
Show 3 more
Homes for sale1,235
Pending sales per 100 listings32
Asking price per sq ft$177

People and jobs

Median household income$62,181
Population change (1 year)+0.2%
Unemployment rate5.2%
Show 4 more
Population314,834
Income adjusted for cost of living$71,969
Net moves in (IRS)+2,346
Cost of living (US = 100)86.4

Schools, risk and environment

School rating (1 to 10)6.2
FEMA hazard risk score (0 to 100)59.0
Unhealthy air days a year0
Show 4 more
Flood risk score71.1
Wildfire risk score37.8
Walkability (1 to 20)6.0
Road, rail and air noise54 dB

Questions people ask

Is Kingsport-Bristol, TN-VA overvalued?
Home prices in Kingsport-Bristol, TN-VA are slightly above what local incomes have historically supported: fair value is about $220,711, so the area is 10.0% overvalued.
Is Kingsport-Bristol, TN-VA a buyer's or seller's market?
Kingsport-Bristol, TN-VA is a buyer's market: homes take about 66 days to sell, listings are up 20% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Kingsport-Bristol, TN-VA?
Home values in Kingsport-Bristol, TN-VA are up 1.1% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Kingsport-Bristol, TN-VA?
A household needs about $52,646 a year to afford the typical home in Kingsport-Bristol, TN-VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,181.

Counties in this metro

See every chart for Kingsport-Bristol, TN-VA on the map