05/30/2026
A recent MoneyLion article said Kingsport is within the top 50 places with overpriced homes. Knoxville was also on the list. Both NETAR and the East Tennessee Realtors have countered the report.
Don Fenley, who does market research and data analytics for the NETAR told WJHL some of the data in the story were basically accurate, but the context was skewed. That report can be found at https://www.wjhl.com/news/local/netar-representative-explains-if-kingsport-houses-are-overpriced/?fbclid=IwY2xjawSG0SxleHRuA2FlbQIxMQBzcnRjBmFwcF9pZA8yNzM0NjU0MTYxODQwODAAAR5iJ3AQ4ZBkO9SbQNmHLeCcBiSCyr5lQqhv0S3daTw_ha7334Y_wBIBEwLmOQ_aem_hZv3l_ks5royZLMRDhS3pQ
Here’s how the East Tennessee Realtors responded to the story, “Contrary to recent news articles, East Tennessee homes are not "overpriced." The list-to-sale ratio remains steady at 98.7%, and nearly half of homes sold at or above the list price in April.
Thankfully, the continued demand and slow pace of easing growth has created an ideal scenario. Rather than a sharp correction from post-pandemic price highs, premiums are slowly easing while the underlying value of the homes holds up well. This is good news for homeowners, buyers and sellers alike, and for our regional economic health.” Their full report can be found in the association’s current Market Pulse newsletter.
