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The price of a home in Tennessee has doubled since early 2020, dimming the prospect of homeownership considerably for residents earning the median income of $71,328. Will it get better in 2024?
Home prices in Tennessee are overvalued at twice the national average, according to a recent report by credit analyst Fitch Ratings. The report estimated national home prices were 11.1% overvalued ...
Zillow's top 10 hottest housing markets of 2025. The primary reasons Buffalo was number one again, according to Zillow? Job and wage growth, relative affordability and demand that outweighs supply.
Boone Lake may house one of the smaller lakes that the state has to offer, but the lakefront real estate packs a southern punch - with the average cost of shorefront property sitting at a cool $1.37 million according to a 2020 study. [3] This places Boone Lake as the sixteenth most expensive lake shorefront property in the United States.
[87] [88] Tennessee maintains 45 state parks, covering some 132,000 acres (530 km 2). Many reservoirs the TVA created to generate electricity have also created water-based tourist attractions and real estate development with an estimated $12 billion economic impact based on a 2016 study by the University of Tennessee Institute of Agriculture. [89]
The Tri-Cities is the region comprising the cities of Kingsport, Johnson City, and Bristol and the surrounding smaller towns and communities in Northeast Tennessee and Southwest Virginia. All three cities are located in Northeast Tennessee, while Bristol has a twin city of the same name in Virginia.