Is Bristol, TN 37620 a buyer’s or seller’s market?
Bristol is a seller’s market. With about 3.4 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 32% of U.S. ZIP codes, and #100 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bristol housing market right now
In the three months ending August 31, 2026, 14% of homes in Bristol, TN 37620 sold above their list price, the typical home went under contract in 47 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 158 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold about as fast and the median sale price rose 7% to $249,884. Overall, Bristol is about as competitive as it was a year ago.
Within Sullivan County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 86%. On our competition score, Bristol ranks #100 of 299 TN ZIP codes with enough sales (score 34 out of 100).
Nearby, Blountville 37617 (21% sold over asking) and Piney Flats 37686 (19% sold over asking) are even more competitive.
Run the numbers for 37620
Nearby markets
Blountville 37617Balanced $178 /sq ftBluff City 37618Balanced $173 /sq ftKingsport 37660Seller’s market $157 /sq ftKingsport 37663Seller’s market $169 /sq ft Browse all markets →Towns like Bristol nearby
Find towns like Bristol in other states →Where Bristol is
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Questions about Bristol real estate
Is Bristol a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Bristol, TN 37620 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bristol?
The typical home went under contract in 47 days in the latest three months.
Do homes in Bristol sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Bristol?
About 0.58% of a home’s value a year in Sullivan County, or roughly $2,320 on a $400,000 home.
What is the median home price in Bristol?
The median sale price was $249,884 in the three months ending August 31, 2026, about $163 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology