Is Kingsport, TN 37665 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Kingsport is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score23/ 100

More competitive than 17% of U.S. ZIP codes, and #203 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

Months of supply4.8Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list94.8%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$138▼ −7.5% vs. last year

The Kingsport housing market right now

In the three months ending August 31, 2026, 13% of homes in Kingsport, TN 37665 sold above their list price, the typical home went under contract in 48 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold more slowly (38 days then) and the median sale price fell 7% to $167,428. Overall, Kingsport is less competitive than a year ago, which gives buyers more room.

Within Sullivan County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Kingsport ranks #203 of 299 TN ZIP codes with enough sales (score 23 out of 100).

Nearby, Blountville 37617 (21% sold over asking) and Piney Flats 37686 (19% sold over asking) are even more competitive.

Nearby markets

Blountville 37617Balanced $178 /sq ftBluff City 37618Balanced $173 /sq ftBristol 37620Seller’s market $163 /sq ftKingsport 37660Seller’s market $157 /sq ft Browse all markets →

Where Kingsport is

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Questions about Kingsport real estate

Is Kingsport a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Kingsport, TN 37665 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 Kingsport?

The typical home went under contract in 48 days in the latest three months.

Do homes in Kingsport sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.

What are property taxes in Kingsport?

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 Kingsport?

The median sale price was $167,428 in the three months ending August 31, 2026, about $138 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