Market Conditions for Kingsport, Tennessee Reported by Robin Bohin, REALTOR, SRES, e-PRO, CERTIFIED RELOCATION SPECIALIST Updated January 2, 2009.

Current Market Rating: 2 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 3 1 2 3 4 5 Falling Rising

Local real estate activity is steady and improving in this market. While the national news continues its resounding cry of housing downturns, our conservatively priced homes with steady appreciation have only hiccuped at the fanfare! We have buyers coming in on a weekly basis to learn more about the wealth of treasures found here: Modestly priced housing, low property taxes, low home insurance premiums, and the added bonus of no state income taxes provide us with a market very attractive to a large majority of out- of -state buyers. Approximately 70% of my 2008 clientele have been coming into the Kingsport area to purchase second homes prior to retirement, relocating to enjoy our temperate climates that are not plagued by natural disasters, and those looking to migrate to an area that is within 4-5 hours commute of most major metropolitan areas on the southeastern seaboard. Our networking with credible lenders means buyers have options concerning interest rates and a menu of mortgage programs available locally to finance their new Tennessee residence!
The added bonus for sellers, "Homes that are priced right are selling." There are added demands for updated homes offering one-level living, homes with acreage and those that are located near or in golfing/lake communities. Of course, for potential investors, well-maintained and located multi-family housing continues to be requested. Buyers and Sellers will both be in WIN-WIN situations as the summer market approaches, picks up steam, and provides a diversified inventory from which they select a "place to call home".


ZIP Codes: 37660, 37662, 37663, 37664, 37665, 37669

Approximate Location Boundaries: Sullivan County, Tri-Cities Area

Location Characteristics: It’s a great place to raise a family or retire to! When visiting Kingsport it’s hard to miss the natural beauty of mountains and lakes that surround our area. Career, Recreational and Cultural opportunities are within minutes of your back door. Kingsport is the home of the Symphony of the Mountains, Eastman Chemical Company and FunFest. The Cattails at Meadowview, www.playcattails.com in Kingsport is a public golf course nestled in the foothills of the Blue Ridge Mountains. Ridgefields Country Club, www.golfable.com/golfcourses/courses/Kingsport_TN_Ridgefields_Country_Club , a private golf course, is within a 3 mile radius and offers the premier neighborhoods consisting of Ridgefields Subdivision and Huntington Woods. These home locations are within 1-2 minutes of award winning schools, downtown Kingsport dining and the Alandale area. If the rural side of town is more to your liking, Warriors Path State Park Golf Course is 10-15 minutes from downtown Kingsport. There are wonderful estate homes with unparallel golf course, and mountain views in Park Ridge Estates.A great assortment of dining options, good medical facilities and the diversity of the Tri-Cities makes a newcomer realize what a special place this is! Despite the rise in real estate prices that have some long-time locals shaking their heads, people come to Kingsport because it is still a relative value; compared to other places around the country, the cost of living is actually pretty low!

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