

Month of March 2025:
- Median sales price: $352,385
- Median size: 2,511 sq ft
- Price per square foot: $140
Past 12 Months (ending March 2025):
- Median sales price: $340,000
- Median size: 2,154 sq ft
- Price per square foot: $158
Since 2020:
- Median sales price: $280,000
- Median size: 2,029 sq ft
- Price per square foot: $138
The recent data indicates that homes in Kingsport are slightly more affordable than the past year when considering the price per square foot. In March 2025, the price per square foot was $140, an $18 decrease compared to the past 12-month average of $158.
This suggests that homes sold in March 2025 were more affordable on a per-square-foot basis. However, compared to the long-term trend since 2020, the March 2025 price per square foot is only $2 higher, indicating a relatively stable market over time.
In March 2025, buyers got more space for their money compared to the past 12 months, signaling a temporary increase in affordability, even as the overall median price remained higher.
Since 2020, Kingsport has seen a 26% increase in home prices. Nationally, home prices surged by approximately 47% during the same period, according to the Case-Shiller National Home Price Index.
After accounting for inflation, Kingsport’s median home prices have seen a modest real increase of about 2.5% from 2020 to 2025, indicating relative market stability.
Overall, Kingsport’s housing market remains attractive due to its affordability, stability, and moderate price growth, making it a more accessible option for homebuyers compared to many other national and regional markets.
Visit: MoveToKingsport.com or KingsportSpirit.com

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