How much house does $500,000 buy you in Kingsport?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Kingsport?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Kingsport right now. Listings below $500,000 were included if necessary.
522 Alabama St, Bristol, TN 37620
- Price: $499,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,002
- See 522 Alabama St, Bristol, TN 37620 on Redfin.com
611 Lawrence Ave, Bristol, VA 24201
- Price: $499,999
- 5 bedrooms, 4 bathrooms
- Square feet: 3,001
- See 611 Lawrence Ave, Bristol, VA 24201 on Redfin.com
1902 Lamont St, Kingsport, TN 37664
- Price: $500,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 5,352
- See 1902 Lamont St, Kingsport, TN 37664 on Redfin.com
4416 Beechcliff Dr, Kingsport, TN 37664
- Price: $479,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,591
- See 4416 Beechcliff Dr, Kingsport, TN 37664 on Redfin.com
1560 Rock Springs Rd, Kingsport, TN 37664
- Price: $484,900
- 5 bedrooms, 3 bathrooms
- Square feet: 3,054
- See 1560 Rock Springs Rd, Kingsport, TN 37664 on Redfin.com
4402 Pickwick Ct, Kingsport, TN 37663
- Price: $480,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 4,159
- See 4402 Pickwick Ct, Kingsport, TN 37663 on Redfin.com
102 Patrick Henry Cir, Kingsport, TN 37663
- Price: $499,900
- 5 bedrooms, 2.5 bathrooms
- Square feet: 3,466
- See 102 Patrick Henry Cir, Kingsport, TN 37663 on Redfin.com
212 Old Castle Rd, Kingsport, TN 37660
- Price: $482,500
- 4 bedrooms, 4 bathrooms
- Square feet: 3,335
- See 212 Old Castle Rd, Kingsport, TN 37660 on Redfin.com
16359 Old Timber Rd, Abingdon, VA 24210
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,072
- See 16359 Old Timber Rd, Abingdon, VA 24210 on Redfin.com
1011 Lawson Dr, Kingsport, TN 37660
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,322
- See 1011 Lawson Dr, Kingsport, TN 37660 on Redfin.com
222 Old Stage Dr, Bristol, TN 37620
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,219
- See 222 Old Stage Dr, Bristol, TN 37620 on Redfin.com
15346 Woodstone Cir, Bristol, VA 24202
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,205
- See 15346 Woodstone Cir, Bristol, VA 24202 on Redfin.com
2104 Southcote Dr, Kingsport, TN 37660
- Price: $485,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,132
- See 2104 Southcote Dr, Kingsport, TN 37660 on Redfin.com
421 High Ridge Rd, Kingsport, TN 37660
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,946
- See 421 High Ridge Rd, Kingsport, TN 37660 on Redfin.com
1001 Sunny Pl, Kingsport, TN 37660
- Price: $498,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,860
- See 1001 Sunny Pl, Kingsport, TN 37660 on Redfin.com
104 Forest Hills Dr, Bristol, TN 37620
- Price: $499,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,300
- See 104 Forest Hills Dr, Bristol, TN 37620 on Redfin.com
461 Circle Dr, Abingdon, VA 24210
- Price: $480,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,631
- See 461 Circle Dr, Abingdon, VA 24210 on Redfin.com
239 Brown Cir, Blountville, TN 37617
- Price: $495,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,656
- See 239 Brown Cir, Blountville, TN 37617 on Redfin.com
1032 Austin Ridge Ct, Piney Flats, TN 37686
- Price: $499,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,576
- See 1032 Austin Ridge Ct, Piney Flats, TN 37686 on Redfin.com
948 Meadow Ln, Kingsport, TN 37663
- Price: $489,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,878
- See 948 Meadow Ln, Kingsport, TN 37663 on Redfin.com
152 Austin Mill Rd, Rogersville, TN 37857
- Price: $484,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,300
- See 152 Austin Mill Rd, Rogersville, TN 37857 on Redfin.com
750 Hunts Terrace Dr, Kingsport, TN 37663
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,197
- See 750 Hunts Terrace Dr, Kingsport, TN 37663 on Redfin.com
100 Winterbrook Dr, Kingsport, TN 37663
- Price: $495,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,490
- See 100 Winterbrook Dr, Kingsport, TN 37663 on Redfin.com
334 Winterham Dr, Abingdon, VA 24211
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,432
- See 334 Winterham Dr, Abingdon, VA 24211 on Redfin.com
762 Hunts Terrace Dr, Kingsport, TN 37663
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,804
- See 762 Hunts Terrace Dr, Kingsport, TN 37663 on Redfin.com
746 Hunts Terrace Dr, Kingsport, TN 37663
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,800
- See 746 Hunts Terrace Dr, Kingsport, TN 37663 on Redfin.com
870 Granby Rd, Kingsport, TN 37660
- Price: $489,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,780
- See 870 Granby Rd, Kingsport, TN 37660 on Redfin.com
702 Hunters Crossing Ln, Kingsport, TN 37664
- Price: $489,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,776
- See 702 Hunters Crossing Ln, Kingsport, TN 37664 on Redfin.com
15362 Jockey Bnd, Glade Spring, VA 24340
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,604
- See 15362 Jockey Bnd, Glade Spring, VA 24340 on Redfin.com