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Top $1 Million Plus Sale in Blountville, High-End Market Posts Strong Rebound

By DON FENLEY

The Tri-Cities luxury market recorded nine $1 million plus sales in April. It was a big reversal from the sales volume in March and April a year ago. There were three top sales in March and only one this time last year.

A 7,731-square-foot Blountville home led April’s sales at $1,614,000, according to the Northeast Tennessee Association of Realtors (NETAR). The top sale is described as a five-bedroom, five-full – bath, and two half-bath French Country estate behind a gated entrance on three acres. It’s located next to the Tri-Cities Golf Course in Fairway Estates.

The outdoor component includes a custom pool, a covered patio, a guest house, five garage bays and 2,800 sqft of unfinished space.

April at a Glance

Metric April 2026 April 2025
Sales volume 9 1
Top sale $1,614,000 $1,200,000
Average sold price $1,355,556 $1,200,000
Median sold price $1,316,000 $1,200,000

Top Sales Closing

City Sales Share of Month Avg. Sold Price
Johnson City 4 44% $1,216,500
Blountville 1 11% $1,614,000
Chuckey 1 11% $1,550,000
Gray 1 11% $1,170,000
Greeneville 1 11% $1,400,000
Roan Mountain 1 11% $1,600,000

Johnson City posted the most sales and the lowest average price. That’s not a contradiction — it’s a sign of market depth. A city with enough inventory at a range of price points generates more transactions, including those near the $1 million entry threshold. The five single-sale cities all cleared $1.1 million, three of them topping $1.5 million, consistent with the premium that attaches to distinctive or large-acreage properties outside the metro core.

What Days on Market Is Really Saying

The 144-day average hides a two-speed market. Conventional properties in Johnson City and Blountville moved in 40 to 84 days. Large-acreage and rural listings took far longer: Roan Mountain’s 83-acre property sat 357 days; Greeneville’s 8.7-acre tract, 258 days. Acreage narrows the buyer pool, and a smaller pool means a longer wait. That’s not a market problem. It’s a property type problem, and it matters for anyone setting price or timeline expectations on rural luxury listings.

April 2026 Transaction Details

Sold Price City County Sq Ft $/Sq Ft DOM
$1,614,000 Blountville Sullivan 7,731 $208.78 84
$1,600,000 Roan Mountain Carter 4,361 $366.89 357
$1,550,000 Chuckey Washington 5,700 $271.93 40
$1,400,000 Greeneville Greene 4,565 $306.68 258
$1,316,000 Johnson City Washington 5,612 $234.49 54
$1,310,000 Johnson City Washington 5,527 $236.98 61
$1,220,000 Johnson City Washington 6,091 $200.30 204
$1,170,000 Gray Washington 4,240 $275.94 54
$1,020,000 Johnson City Washington 4,578 $222.80 187

There were 118 listing for properties priced at $1 million or more in the Tri-Cities region in April.

$1 million plus listings

Pending sales in the $500,000 and up luxury home class market totaled  918 pending, and there were and 256 new listings

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