Rogersville Led Tri-Cities Markets for Price Cuts in July

Rogersville recorded the highest rate of seller price reductions among established Tri-Cities housing markets in July. Of its 21 completed sales, 12 involved a price cut, producing a market-leading share of 57.1%.

Gray followed with reductions on eight of its 16 sales, or 50%. Blountville ranked third, with 13 of its 27 sellers reducing their asking price before closing—a share of 48.1%.

These are mid-sized housing markets, so a few additional reductions can shift their percentages quickly. Even so, the results point to a clear trend: sellers in Rogersville, Gray and Blountville adjusted their prices more frequently than those in the region’s larger markets.

How often sellers reduce their prices, however, does not necessarily indicate the size of…

13 Views, 0 Comments

Tri-Cities New Home Market Holds Steady in Sales but Jumps in Price 2026

Tri-Cities New Home Market Holds Steady in Sales but Jumps in Price

The Tri-Cities new home market did not expand in size in May, but it became noticeably more expensive. While the number of closed sales remained unchanged from a year ago, both median and average prices posted substantial gains. That combination points to a market where demand is still holding, but the cost of entering the new construction segment continues to rise. For buyers, builders, and sellers watching Northeast Tennessee housing trends, May’s data offers a clear reminder that price growth can remain strong even when transaction volume stays flat.

Prices Are Climbing Even Without More Sales

There were 86 new home sales across the Tri-Cities in May, exactly the same number…

2471 Views, 0 Comments

Tri-Cities New Home Market Holds Steady in Sales but Jumps in Price

Tri-Cities New Home Market Holds Steady in Sales but Jumps in Price

The Tri-Cities new home market did not expand in size in May, but it became noticeably more expensive. While the number of closed sales remained unchanged from a year ago, both median and average prices posted substantial gains. That combination points to a market where demand is still holding, but the cost of entering the new construction segment continues to rise. For buyers, builders, and sellers watching Northeast Tennessee housing trends, May’s data offers a clear reminder that price growth can remain strong even when transaction volume stays flat.

Prices Are Climbing Even Without More Sales

There were 86 new home sales across the Tri-Cities in May, exactly the same number…

358 Views, 0 Comments

Tri-Cities Housing Inventory Is Rising, but Supply Still Remains Tight

Tri-Cities Housing Inventory Is Rising, but Supply Still Remains Tight

Housing inventory is increasing across the Tri-Cities, but the pace of that growth has begun to slow. That puts the region in line with the broader national market, where inventory is also rising at a more moderate rate than it was a year ago. Still, the local story is different in one important way: Northeast Tennessee remains well below its pre-pandemic housing supply levels. While buyers now have more choices than they did during the most competitive years of the pandemic market, the Tri-Cities is still operating in a supply-constrained environment that continues to support home values and shape buyer behavior.

Inventory Is Growing, but the Recovery Is Still Incomplete

…

543 Views, 0 Comments

Northeast Tennessee Housing Affordability Faces New Challenges in 2026

Northeast Tennessee Housing Affordability Faces New Challenges in 2026

For many families across Northeast Tennessee, the path to homeownership has become far more difficult than it was just a few years ago. Since 2019, monthly housing costs have risen dramatically across the region’s three major metro areas, putting increasing pressure on household budgets. Recent affordability data shows that while homeownership remains a goal for many buyers, the financial reality has shifted in a major way. From Johnson City to Kingsport-Bristol to Greeneville, rising home prices, higher mortgage rates, and increased insurance costs are all contributing to a tighter housing market.

Johnson City Has Seen the Biggest Affordability Shift

Of the three metro areas…

243 Views, 0 Comments

Tri-Cities Population Growth Signals Continued Strength for the Local Housing Market

Tri-Cities Population Growth Reflects Ongoing Strength in the Local Real Estate Market

Population growth continues to be one of the clearest indicators of long-term housing demand, and the latest U.S. Census Bureau estimates show encouraging momentum across the Tri-Cities region. As of July 1, 2025, the nine-county Tri-Cities area reached an estimated population of 607,381, the highest level on record. That marks a net increase of 21,124 residents since the 2020 census baseline, reinforcing the region’s appeal for homebuyers, investors, and those considering a move to Northeast Tennessee.

Washington and Sullivan Counties Continue to Lead Regional Growth

Much of the region’s recent population growth has been concentrated in Tennessee, particularly…

90 Views, 0 Comments

Tri-Cities Housing Market Shows Strength Despite National Uncertainty

The latest housing data continues to paint a promising picture for homeowners and buyers across Northeast Tennessee. While many markets across the country are facing affordability challenges and rising risk factors, Sullivan and Washington counties are standing out as some of the most stable in the nation. According to a recent fourth-quarter 2025 housing risk analysis, both counties ranked among the least vulnerable markets in the United States—an encouraging sign for anyone considering buying, selling, or investing in the Tri-Cities area.

Local Housing Market Stability Sets the Tri-Cities Apart

Sullivan and Washington counties ranked near the top of 594 counties analyzed, placing them firmly in the “least vulnerable” category when it comes…

1733 Views, 0 Comments