Found 5 blog entries tagged as real estate market update.

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…

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Tri-Cities home prices are on track to remain near their current levels through the end of 2026. Sales and prices continue performing at record highs, but most of this year’s price growth occurred during the first half.

Inventory is increasing, giving buyers more options, but the number of available homes remains below pre-pandemic levels. That limited supply continues to support prices, even as high mortgage rates and more selective buyers restrict how much further they can climb.

The first half of the year did much of the market’s heavy lifting. The year-to-date median sale price in the Kingsport-Bristol metro area increased 2.04%, placing it close to most full-year forecasts. Zillow’s outlook calls for a 2.4% increase in Kingsport-Bristol…

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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

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Tri-Cities Pending Home Sales Continue Recovery With 12 Straight Months of Growth

The Tri-Cities housing market continues to show signs of meaningful recovery, with annualized pending home sales rising for the 12th consecutive month in March. That milestone points to more than just a seasonal uptick. It suggests that buyer demand across Northeast Tennessee is steadily rebuilding after one of the most dramatic market slowdowns in the region’s recorded history. While monthly pending sales numbers can fluctuate due to timing, weather, and interest rate changes, the annualized view offers a much clearer picture of where the market is actually headed. Right now, that picture shows a housing market that is regaining strength and moving beyond its…

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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…

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