37686
Kingsport, Tennessee
Kingsport 37686 needs watching.
The 37686 ZIP code in Kingsport, Tennessee has a median sale price of $355K, down -12.4% year-over-year. Homes spend an average of 78 days on market, with 18% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37686.
The 37686 ZIP code in Kingsport is experiencing a significant price correction, with the median sale price settling at $354,900 after a 12.4% year-over-year decline. Homes are averaging 78 days on market, indicating a measured pace that contrasts sharply with the rapid turnover seen in previous years. Only 18% of properties are selling above list price, signaling that seller pricing power has diminished substantially and buyers now hold negotiating leverage in most transactions.
This environment favors patient buyers with financing secured and flexible timelines who can capitalize on the 12.4% price reduction while negotiating below ask on the 82% of homes not commanding premiums. Cash investors seeking rental properties may find entry points more accessible than in 2025, though the 78-day absorption rate suggests careful asset selection rather than broad portfolio expansion. Sellers face headwinds and should price competitively from listing day, as the market no longer rewards aspirational pricing strategies.
The PropIQ score of 60 reflects underlying market uncertainty that warrants close monitoring of inventory levels and mortgage rate movements through Q2 2026. If days on market extend beyond 90 or the percentage selling above list drops below 15%, further price deterioration becomes probable. Buyers should track new listing volume weekly, as any supply surge could push the median below $340,000 within the next quarter.
What is the median home price in 37686 Kingsport?
The median sale price in 37686 is $355K, down -12.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Kingsport 37686?
Homes in 37686 Kingsport spend an average of 78 days on market before going under contract.
Is Kingsport 37686 a good place to invest in real estate?
Folio's PropIQ™ score for 37686 is 60/100 — a Caution signal. 18% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 37686?
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 60 = Caution in 37686 Kingsport, Tennessee.