Found 2 blog entries tagged as median home price.

Tri-Cities Housing Market Stays Healthy as Johnson City and Kingsport Lead June Growth

The Tri-Cities housing market delivered a healthy performance in June, with both sales activity and home prices moving higher across the region. That combination is one of the clearest indicators of a stable market. When transaction volume rises alongside price growth, it usually points to real buyer demand rather than temporary market distortion. In June, the strongest momentum came from the center of the region, with Johnson City and Kingsport standing out as the primary drivers of both sales volume and pricing strength.

Johnson City and Kingsport Powered the Month

June home sales across the Tri-Cities rose 4.5% compared with the same month a year ago, while…

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Tri-Cities New Home Sales Surge as Demand Strengthens in April

The Tri-Cities new home market delivered a strong performance in April, signaling renewed momentum in one of the region’s most important housing segments. After adjusting for one $1 million-plus sale in each year, new home sales jumped 64% compared to the same month last year, while the median sold price climbed 16%. Through the first part of 2026, the region recorded 161 new home sales, up from 138 during the same period in 2025. Those gains suggest that buyer demand for newly built homes remains healthy, even as affordability and financing conditions continue to shape the broader housing market.

Sales Volume Shows a Significant Shift in Buyer Activity

The biggest takeaway from…

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