Sullivan County, TN Home Values & Market Trends

The median home price in Sullivan County, TN is $242,559.81. There were 2,314 home sales in Sullivan County, TN over the past 12 months. The median residential Sullivan County, TN home value for transactions over the previous year is $204,975.553. The number of current listings in Sullivan County, TN is 432, and the percentage of properties for sale is 432.00%. The county has 37 foreclosures, 8 bank owned properties, 29 headed for auction, and 432 properties for sale.

Sullivan County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Kingsport

$ 285,587

$ 129/sqft

Blountville

$ 256,686

$ 137/sqft

Bristol

$ 224,950

$ 126/sqft

Piney Flats

$ 511,965

$ 174/sqft

Bluff City

$ 348,961

$ 156/sqft

Housing Market Summary for Sullivan County, TN

Apr 2023March 2024Change
Median Listing Price$276.9K$224.4K-18.98%
Median Sold Price$203.8K$224.4K10.10%
Homes For Sale312244-21.79%
Homes Sold8981,52669.93%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Sullivan County, TN

Sullivan County, TN home values range from $20,032 to $7,091,580. Piney Flats is the priciest city with a median listing home price of $553,500, and Bristol is most affordable with average house prices of around $239,000.

Foreclosure
There are 5 cities within Sullivan County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $323,810 in Kingsport to the lowest value of $61,832 in Kingsport. Foreclosure homes account for 0.00% of properties in Sullivan County, TN with Kingsport containing 23 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Sullivan County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Sullivan County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sullivan County, TN ranges from the highest value of $217,980 in Bluff City to the lowest value of $84,782 in Bristol. Bank owned homes and properties account for 0.01% of properties in Sullivan County, TN. There are 5 cities within Sullivan County, TN; Kingsport containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Kingsport has 18 auction properties, the highest number of properties going to auction in a single city in the state of Sullivan County, TN. Auction homes and other auction properties account for 0.04% of all properties in Sullivan County, TN. There are 5 cities within Sullivan County, TN; of those cities, the median estimated home value for homes going to auction ranges from $448,047 in Bluff City to the lowest value of $61,832 in Bluff City.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.66% of residential properties in Sullivan County, TN with Kingsport containing 275 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Sullivan County, TN; homes for sale in those cities, have a range of median values from $1,150,000 in Piney Flats to the lowest value of $23,663 in Kingsport.
    Sold Homes
    The median value for recently sold homes ranges from $1,985,954 in Piney Flats to the lowest price of $20,032 in Piney Flats. There are 5 cities within Sullivan County, TN. Kingsport has 936 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.38% of properties in Sullivan County, TN.

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      Guide for Sullivan County, TN

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws