Housing in Kingsport, TN is more affordable than the US median and has experienced a higher appreciation rate over the past year. The median value for homes in Kingsport is currently at $202,100 compared to the national median of $338,100. Additionally, the one year house appreciation rate in Kingsport was 20.28%, which is significantly higher than the 8.27% appreciation rate nationally. This makes Kingsport an attractive option for potential home buyers as they can benefit from lower housing prices and higher appreciation rates.
The median home cost in Kingsport is $202,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Kingsport is up 24.2%.
Average Age of Homes
- The median age of Kingsport real estate is 46 years old
The Rental Market in Kingsport
- Renters make up 32.1% of the Kingsport population
- 1.6% of houses and apartments in Kingsport, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.