I
f you're looking to buy a new home in 2025, consider Tennessee's thriving housing market. According to GoBankingRates' study of the top 20 quickly growing markets, Kingsport, Tennessee ranks No. 12 as one of the most promising areas for significant growth in home value.
Experts at GoBankingRates analyzed migration trends, job market expansion, infrastructure development, and housing supply constraints to predict which markets would experience the greatest growth next year. Based on their findings, they expect Kingsport's home values to skyrocket in 2025.
From 2023 to 2024, Kingsport saw a notable increase in home value, with a growth rate of 7.91% or more than $17,000. The average home value in the city is now $233,467, according to GoBankingRates.
Kingsport has been recognized for its affordability and in-demand housing market, earning it a spot as one of the most livable cities in Tennessee and the nation. Located in northeastern Tennessee near the Virginia border, Kingsport is part of the Tri-Cities region.
Other top 20 quickly growing housing markets include Rockford, Illinois; Syracuse, New York; San Jose, California; Hartford, Connecticut; Binghamton, New York; New Haven, Connecticut; Atlantic City, New Jersey; Trenton, New Jersey; Bridgeport, Connecticut; and Norwich, Connecticut.
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