Kingsport, TN - House Price Index (HPI)
Kingsport Real Estate Market Forecast
100
1000
The House Price Index (HPI) shows changes in Kingsport-Bristol-Bristol, TN-VA single family home
prices in
logarithmic scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis,
statistics and appreciation rates are provided below.
10
Kingsport Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  2667.56
3rd Quarter, 2018 Housing Statistics: Kingsport, Tennessee


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      82%

LittleBigHomes.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Kingsport housing market for the 12
months ending with the 3rd Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Kingsport is 82%. In other words, when tested against historical
data, the forecasting methodology was correct 82% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Kingsport is 82% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2019 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Kingsport
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      81%

The forecast for the trend in the Kingsport housing market for the 3 years
ending with the 3rd Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Kingsport is 81%. In other words, when tested against historical
data, the forecasting methodology was correct 81% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Kingsport is 81% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2021 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Kingsport
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: Kingsport, Tennessee


Historical Home Price Appreciation
Last Quarter                         2.58%
Last Year                              5.0%
Last 5 Years                         12%
Last 10 Years                       10%
Last 20 Years                       67%
Decline From All Time High   1.13%


Annual Home Price Appreciation Rates
1988      6.70%
1989      -1.13%
1990      1.57%
1991      3.39%
1992      4.48%
1993      2.86%
1994      2.48%
1995      7.70%
1996      4.03%
1997      5.71%
1998      5.68%
1999      0.47%
2000      3.74%
2001      6.00%
2002      2.50%
2003      4.22%
2004      4.71%
2005      8.82%
2006      7.33%
2007      3.03%
2008      2.69%
2009      -3.34%
2010      0.88%
2011      -1.14%
2012      -0.35%
2013      0.37%
2014      0.88%
2015      3.49%
2016      1.31%
2017      3.19%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              2.58%         Rank: 98 of 381 (74th Percentile)
Last Year  . . . . . . . . . . . . . . . .  5.0%           Rank: 243 of 381 (36th Percentile)
Last 5 Years                              12%            Rank: 322 of 381 (15th Percentile)
Last 10 Years  . . . . . . . . . . . .   10%            Rank: 272 of 381 (28th Percentile)
Last 20 Years                            67%            Rank: 249 of 379 (34th Percentile)
Decline From All Time High        1.13%

The change in home prices for Kingsport-Bristol-Bristol, TN-VA are shown
above for five time periods. For example: Kingsport appreciated 2.58% in the
Last Quarter. At that rate, the Kingsport Real Estate Market was ranked 98th
out of 381 metropolitan Real Estate Markets. Kingsport was in the 74th
percentile. So Kingsport, TN performed better in the Last Quarter than 74% of
the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: Kingsport, Tennessee

The data and analysis on this page pertains to Kingsport-Bristol-Bristol, TN-VA,
hereinafter referred to as "Kingsport". The all time high in the Kingsport Home
Price Index was 206.5 in the 1st Quarter, of 2018. The 3rd Quarter, 2018 index
value was 204.2. That's a decline of 2.34 points or 1.13% below the Kingsport
Home Price Index all time high.  The Home Price Index indicates that the
Kingsport Market is up 10% over the last 10 years. Home prices in the
Kingsport Real Estate Market have gained 5.05% over the last 12 months. Over
the last thirty years, it is up 139%.

The 3rd Quarter index value was 5.14 points higher than the 2nd Quarter, 2018
index value of 199.03, resulting in a 2.58% rise in the 3rd Quarter for the
Kingsport Market.

The Kingsport Home Price Index increased in the last quarter after falling in the
previous quarter. The current record holders for consecutive increases in the
Home Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with
increases in the last 29 consecutive quarters. The current record holders for
consecutive declines in the Home Price Index are Winchester, VA; Trenton, NJ;
Peoria, IL; Great Falls, MT and Fayetteville, NC, with declines in the last 2
consecutive quarters.

The highest annual change in the value of houses in the Kingsport Real Estate
Market was 9% in the twelve months ended with the 4th Quarter of 2005. The
worst annual change in home values  in the Kingsport Market was -5% in the
twelve months ended with the 1st Quarter of 1989.

The highest growth in home values in the Kingsport Real Estate Market over a
three year period was 22% in the three years ended with the 4th Quarter of
2006. The worst performance over a three year period in the Kingsport Market
was -5% in the three years ended with the 1st Quarter of 2012.

This page provides a long term graph of the Kingsport Home Price Index
(above). For information about Tennessee home values, click Real Estate
Market Forecasts in the navigation bar at the top of this page.  You'll see long
term charts and analysis that will provide tremendous insight into the historical
trends of residential property values. Bookmark this page! Then
LittleBigHomes.com's detailed research and statistics about Kingsport Home
Prices will be at your fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Kingsport Market. The terms House Price Index and Home Price Index, as
used in this site, refer to the Federal Housing Finance Agency (FHFA) House
Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Kingsport Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
3rd Quarter, 2018 Housing Data: Kingsport, Tennessee

The trend of Kingsport Home Prices relative to 380 other metropolitan areas is
detailed below. Each metropolitan area contains one or more cities. Five
different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period. The data and analysis on this page pertains
to Kingsport-Bristol-Bristol, TN-VA, hereinafter referred to as "Kingsport".

Last Quarter:
During the 3rd Quarter of 2018, Kingsport Home Prices had a rank of 98, with
appreciation of 2.58%. The top performing real estate market during the 3rd
Quarter was Sumter, SC, with a rise of 13.55%. The worst market during that
period was Cumberland, MD, with appreciation of -5.75%.
The median for all cities during the 3rd Quarter was 1.57%. The average for all
markets during the quarter was 1.54%.

Last Year:
During the last 12 months, Kingsport Home Prices had a rank of 243, with
appreciation during the year of 5.05%. The top performing market during the
last year was Las Vegas, NV, with an increase of 18.1%. The worst real estate
market during that period was Cumberland, MD, with appreciation of -5.6%.
The median for all markets during this period was 6.14%. The average was
6.07%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2018, Kingsport Home Prices
ranked 322, with a total appreciation of 12.1%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 81%.
The worst market during that period was Jacksonville, NC, with appreciation of
-2%.
The median for all cities during this time period was 24%. The average over the
5 years was 28%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2018, Kingsport Home Prices
had a rank of 272, with appreciation during the decade of 10%. The top
performing market during the period was Denver, CO, with a rise of 83%. The
worst real estate market during the 10 year time period was Vineland, NJ, with
appreciation of -19%.
The median for all markets during the last 10 years was 18%. The average for
the cities over that time frame was 20%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2018, Kingsport Home Prices
had a rank of 249, with total growth over the 20 year period of 67%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 289%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 21%.
The median for all cities during the last 20 years was 83%. The average for the
markets over that time frame was 92%.

Historical research data on the Home Price Index for the Kingsport Real Estate
Market is available back to the 1st Quarter, of 1987. All calculations are based
on the quarterly value of the House Price Index for Kingsport. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Monday, December 31, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.





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