37617
Kingsport, Tennessee
Kingsport 37617 is stable.
The 37617 ZIP code in Kingsport, Tennessee has a median sale price of $322K, up +0.5% year-over-year. Homes spend an average of 83 days on market, with 10% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 37617 ZIP code in Kingsport shows minimal appreciation with homes currently selling at a median of $321,950, up just 0.5% year-over-year. This near-flat growth coupled with an 82.5-day average market time indicates softening demand compared to recent years. Only 10% of homes are selling above list price, a clear signal that seller leverage has diminished and buyers face limited competition for inventory in this Northeast Tennessee market.
These conditions favor deliberate buyers with financing contingencies who can afford the $320K price point but require time for due diligence. The 82.5-day DOM provides negotiating room that faster markets don't permit, while the low above-list percentage suggests offers at or below asking have reasonable acceptance odds. Sellers banking on multiple bids or quick closes will find this environment challenging, particularly if their properties require any material improvements or repairs.
The PropIQ score of 65 signals caution rather than confidence, suggesting underlying fundamentals may weaken further before stabilizing. Buyers should monitor whether DOM extends beyond 90 days and if the 10% above-list figure declines, both indicating additional price pressure. The 0.5% appreciation rate barely outpaces inflation, and without employment or population catalysts specific to Kingsport, this market appears positioned for continued stagnation rather than recovery through 2026.
What is the median home price in 37617 Kingsport?
The median sale price in 37617 is $322K, up +0.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Kingsport 37617?
Homes in 37617 Kingsport spend an average of 83 days on market before going under contract.
Is Kingsport 37617 a good place to invest in real estate?
Folio's PropIQ™ score for 37617 is 65/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 37617?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 65 = Caution in 37617 Kingsport, Tennessee.