Property prices for sale in Kingsport (Tennessee)

The prices in real estate in Kingsport, in the Tennessee region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$331,570.5
Average price last 6 months
$357.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Kingsport has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $618. In the following month the price per sq.feet decreased considerably to $350. The price for the following two months in (November, December) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 43 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $441.5 to $189.5 during January, and February.

Average price

Based upon to the price in Kingsport (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $320,855. In October This price remains at $321,350. During the following two months (November, December) the price has had an average incrementation from $321,102.5 to $354,543.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $337,823 to $319,065.5 in January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $322,490 they are 58 % more affordable than the average price for Kingsport. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $296,087.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $127 / sq.feet, with an average $208 / sq.feet price in Kingsport. The properties with the lowest average prices have 3 bedrooms. They are 16 % cheaper than the average followed by properties with 2 bedrooms with a price at $169 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $322,490 it is 61 % cheaper than the average price in Kingsport. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Detached House". At a price of $621,400 it is 114 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $56 / sq.feet followed by "Commercial" priced at $100 / sq.feet. "Land" is the most costly type of property with a $35,414 / sq.feet cost followed by "House" with an average price of $298 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Kingsport
Number of properties used in region Tennessee
$322,490
$208
9,284
705,992
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value