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BY DON FENLEY
November home sales across the Tri-Cities closed with a regional median price of $260,000, up modestly from a year ago, but the price ranking by community shows a market that is clearly top-heavy and uneven.
At the top of the list, Surgoinsville ($610,000) and Roan Mountain ($558,750) posted the highest median prices in the region. However, both results are statistically skewed by extremely small sample sizes – three sales in Surgoinsville and four in Roan Mountain – making them outliers rather than reliable indicators of broader pricing trends.
Beyond those two, a solid upper tier of communities clustered well above the regional median. Markets such as Gray, Piney Flats, Jonesborough, Bluff City, Mountain City, Telford, Johnson City, and Abingdon all recorded November median prices north of $300,000, reflecting where sustained demand and tighter inventory continue to exert upward pressure on prices.
In total, 15 of the 21 tracked cities and communities posted median November prices above the Tri-Cities median of $260,000, underscoring how much of the region’s pricing strength is concentrated in a group of submarkets.
On the other side of the ledger, six communities came in below the regional median highlighting where affordability remains more accessible and where price momentum has been comparatively restrained.
November’s price rankings show that while regional prices are stable, the Tri-Cities housing market remains highly segmented. It’s an important dynamic to watch as inventory and buyer leverage evolve heading into 2026.
Categories: REAL ESTATE
Thanks Jerry, that will be the focus of the article later this month after Nina's data is released. The comparison…
Don, I think for part of your year in review, to compare the same data at 5 year milestones and…
The HOA fee increase also puts downward pressure on affordable loan qualifications as it’s part of the formula lenders use…
Thanks for your reply. It addes some importnt context to the conversation about the local single-family rental market.
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