37811
Kingsport, Tennessee
Kingsport 37811 needs watching.
The 37811 ZIP code in Kingsport, Tennessee has a median sale price of $308K, down -2.9% year-over-year. Homes spend an average of 88 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37811.
The 37811 market is experiencing a correction, with the median sale price settling at $308,300 after declining 2.9% year-over-year. Properties are averaging 88 days on market, indicating softer demand compared to the pandemic-era frenzy. Most telling is the complete absence of homes selling above list price, signaling that buyer leverage has returned and seller pricing power has evaporated in this Kingsport submarket.
Cost-conscious first-time buyers gain the most advantage in these conditions, as the 88-day marketing period provides time for thorough due diligence and price negotiations. Sellers facing time pressure are increasingly vulnerable given the zero percent above-ask sales rate, creating opportunities for offers 3-5% below list. Investment buyers should remain cautious, as the 2.9% price decline and extended DOM suggest ongoing downward pressure on valuations that could compress rental yield assumptions.
The PropIQ score of 41 places this ZIP in cautionary territory, suggesting additional price weakness ahead rather than stabilization. The combination of negative price momentum and stagnant absorption rates indicates 37811 may need another 5-8% correction before clearing excess inventory. Monitor quarterly sales velocity and days-on-market trends through Q2 2026 to identify when distressed pricing finds support and buyer activity accelerates from current suppressed levels.
What is the median home price in 37811 Kingsport?
The median sale price in 37811 is $308K, down -2.9% year-over-year as of 2026-02-28.
How long do homes stay on the market in Kingsport 37811?
Homes in 37811 Kingsport spend an average of 88 days on market before going under contract.
Is Kingsport 37811 a good place to invest in real estate?
Folio's PropIQ™ score for 37811 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 37811?
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 41 = Caution in 37811 Kingsport, Tennessee.