37663
Kingsport, Tennessee
Kingsport 37663 is stable.
The 37663 ZIP code in Kingsport, Tennessee has a median sale price of $332K, up +2.8% year-over-year. Homes spend an average of 72 days on market, with 14% 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.
# Market Report: Kingsport, TN 37663
The 37663 ZIP code reports a median sale price of $331,500 with modest annual appreciation of 2.8%, tracking below national inflation rates. Homes are moving at a measured pace, averaging 71.5 days on market, while only 14% of properties command above-ask offers. This performance indicates a market that has cooled considerably from peak conditions, with buyers exercising selectivity and negotiating leverage returning after years of seller dominance in this Northeast Tennessee submarket.
These conditions favor traditional primary-residence buyers with time to conduct thorough due diligence during the 71-day marketing window. The 86% of homes selling at or below list price creates negotiation opportunities absent in tighter markets. Sellers with equity accumulated before 2024 can still exit profitably given the 2.8% annual gain, while investors seeking cash-flow properties should scrutinize cap rates carefully given appreciation has decelerated to single-digit territory and days-on-market suggest limited speculative upside.
The PropIQ score of 65 signals caution, suggesting underlying market fragility despite surface-level stability in pricing. With price growth barely outpacing holding costs and inventory absorption slowing, the next six months require monitoring employment data from Kingsport's manufacturing base and mortgage rate movements above 6.5%. The 71-day DOM metric bears watching; extension beyond 80 days would indicate further buyer retreat and potential for accelerated price adjustments in subsequent quarters.
What is the median home price in 37663 Kingsport?
The median sale price in 37663 is $332K, up +2.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Kingsport 37663?
Homes in 37663 Kingsport spend an average of 72 days on market before going under contract.
Is Kingsport 37663 a good place to invest in real estate?
Folio's PropIQ™ score for 37663 is 65/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 37663?
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 37663 Kingsport, Tennessee.