Kingsport Home Prices: $241K, Up 0.4% — 4 ZIPs Analyzed (2026)

$240,881. That’s what a typical home in Kingsport, TN runs as of February 2026. Prices edged up 0.4% over the past year, but the market has been drifting lower since hitting a peak last October.

Quick answer: The average home price in Kingsport, TN is $240,881 as of February 2026, up 0.4% year over year according to Zillow.

Current Home Prices in Kingsport

The Kingsport housing market sits well below national averages and most of Tennessee’s larger metros. The current median puts the city in the affordable tier of the Kingsport-Bristol, TN-VA metro area.

The 0.4% annual gain is essentially flat. That’s a slowdown compared to the broader run-up in U.S. home prices, and it reflects what the monthly numbers show: Kingsport prices climbed through summer 2025, peaked in fall, and have given back a small amount since then.

The spread between the cheapest and priciest ZIP is wide for a city this size. The top ZIP carries a median of $303,233 — about 85% more than the bottom ZIP at $163,926. For buyers, that gap is real money. It’s the difference between a starter home and a mid-tier purchase, and it’s mostly tied to which side of town you’re looking at.

The city’s median has moved within a tight band over the last 12 months, ranging from a low of $239,580 in April 2025 to a high of $242,820 in October. That kind of stability is unusual in 2026’s housing data — most U.S. markets either kept climbing or pulled back harder. Kingsport did neither.

Kingsport Home Prices by Neighborhood

Four ZIP codes make up the Kingsport market in the data. Here’s how they stack up.

Most Expensive

• 37663 — $303,233. The priciest ZIP in Kingsport, sitting 26% above the city median. Rents here run $1,433 a month.
• 37664 — $272,957. The second-most expensive ZIP and home to the highest rents in the city at $1,611 monthly, suggesting strong tenant demand.
• 37660 — $223,407. Sits below the city median but anchors the middle of the local market with rents at $1,292.

Most Affordable

• 37665 — $163,926. Far and away the cheapest ZIP, 32% below the city median. No rent data is available for this area.
• 37660 — $223,407. The second-cheapest option and the more affordable ZIP with active rent data.
• 37664 — $272,957. The third-priciest by value but a mid-range option for buyers who want urban amenities.

For a buyer with a $200K budget, only ZIP 37665 reliably puts a typical home within reach. Push that to $250K and 37660 opens up. Above $275K, the city’s full inventory is on the table.

Rent vs Buy in Kingsport

Average monthly rent across the three reporting ZIPs lands at roughly $1,445.

A typical Kingsport home at $240,881 with 20% down ($48,176) leaves a $192,705 mortgage. At a 7% rate over 30 years, principal and interest run about $1,282 a month. Add roughly $250 for property taxes and $50 for homeowner’s insurance, and the all-in monthly cost is around $1,580.

That’s about $135 more per month than the average rent. Renting wins on monthly cost — but the gap is tight. With a smaller down payment, the buying side gets more expensive fast. With 10% down, the same home pushes monthly costs closer to $1,800, widening the gap to roughly $355 a month over renting.

The math flips for renters in 37664, where rents already run $1,611. A buyer in that ZIP at the median value of $272,957 would pay around $1,775 a month with 20% down — only $164 more than renting, with the upside of building equity. For long-term residents, the buy side starts to make sense in the higher-priced ZIPs.

Population Growth and Migration

Kingsport added 1,599 residents between 2020 and 2024 — modest growth of 2.9%.

Growth has been steady but slow. The city added roughly 400 people per year on average, with the pace picking up slightly between 2022 and 2023. That’s enough to keep housing demand positive without putting major upward pressure on prices.

Compared to other Tennessee cities, Kingsport’s growth lags badly:

The Nashville-area cities are running away with population gains, doubling Kingsport’s pace. That helps explain why Kingsport home prices stayed flat at +0.4% while markets like Clarksville and Murfreesboro keep absorbing new residents and pushing prices higher. Slower migration means less competition for inventory, which keeps the city affordable.

Kingsport Housing Market Trends

Twelve months of price movement in Kingsport.

The pattern is clear. Prices climbed steadily from April through October, gaining about $3,240 over six months. They peaked at $242,820 in October, then turned. Each of the past four months has come in lower than the one before, with the city giving back about $1,940 of those gains.

The four-month decline is small — under 1% in total — but it’s a clean reversal of the spring rally. You’re seeing a market that grew through summer, plateaued, and is now drifting back toward where it started a year ago.

For sellers, that means the window of strongest pricing has closed for now. For buyers, it suggests waiting another quarter could bring slightly better prices, though the moves are too small to bet a purchase on.

Is Kingsport a Good Place to Buy in 2026?

Three things stand out from the Kingsport data.

First, affordability. At $240,881, Kingsport remains one of the cheaper Tennessee markets, well below Knoxville, Chattanooga, and the Nashville suburbs. For buyers priced out of those metros, Kingsport is real.

Second, price stability. The 12-month range is just $3,240 wide. That’s almost no volatility, and it tells you Kingsport isn’t a speculative market. Don’t buy here expecting fast appreciation.

Third, the rent vs. buy math is close. Renters save about $135 a month on average, but the gap shrinks to almost nothing in the higher-priced ZIPs where rents run higher. If you plan to stay 5+ years, buying makes financial sense in most of the city.

The current data leans toward a balanced market — neither a buyer’s nor a seller’s market in any strong sense. With prices easing from their fall peak, buyers have a small edge right now.

Kingsport Housing Market Outlook for 2026-2027

The four-month downtrend from October’s peak suggests prices will remain soft through spring 2026. If the current pace continues — about $390 per month in declines — the city median could test $239K-$240K by mid-summer, roughly where it sat a year earlier.

The 3-month trend is the more telling signal. From November to February, the median fell about 0.6%. Pace that out and you’re looking at modestly lower prices through the second half of 2026, barring a shift in mortgage rates or migration patterns.

Population growth remains positive but slow at 2.9% over four years, which doesn’t generate the demand needed to push prices sharply higher. The most likely path is continued stability, with prices oscillating in the $238K-$245K band rather than breaking out in either direction.

Similar Markets in TN

• Johnson City — Kingsport’s closest neighbor and the most natural comparison for buyers exploring the Tri-Cities region.
• Knoxville — A larger East Tennessee market for buyers who want more inventory and faster population growth.
• Chattanooga — Another mid-sized Tennessee city with stronger price momentum than Kingsport.
• Cleveland — A smaller East Tennessee market in a similar affordability range.
• Jackson — A West Tennessee comparison for buyers weighing different parts of the state.

Frequently Asked Questions

What is the average home price in Kingsport?

The average home price in Kingsport, TN is $240,881 as of February 2026. The figure represents the typical mid-tier home value across the city’s four tracked ZIP codes, ranging from $163,926 in 37665 to $303,233 in 37663.

Are home prices going up or down in Kingsport?

Prices are up 0.4% year over year, but the recent direction is downward. The market peaked at $242,820 in October 2025 and has eased about $1,940 over the four months since then.

Is it cheaper to rent or buy in Kingsport?

Renting is cheaper by about $135 a month on average. Average rent runs $1,445, while a typical home purchase with 20% down lands at roughly $1,580 monthly with taxes and insurance. The gap shrinks in higher-priced ZIPs like 37664.

What is the most affordable neighborhood in Kingsport?

ZIP 37665 is the most affordable at $163,926 — 32% below the city median and the only Kingsport ZIP under $200K. The next cheapest option is 37660 at $223,407, where average rent runs $1,292 a month.

Methodology

Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.