Average Home Sizes and Asking Prices
Updated On: May 24, 2016
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Homes for Sale in Bristol
Bristol Real Estate for Sale & Homes for Sale in Tennessee
Recognized by the United States Congress as the "Birthplace of Country Music," the City of Bristol, Tennessee, is thriving with culture, full of history, and home to over 26,000 people who are ready to welcome you home. Located in Sullivan County, Bristol is situated in an area known as the Tri-Cities metro area, which also includes Johnson City and Kingsport. Bristol's housing market is diverse and plentiful, with single-family homes for sale in a variety of architectural styles and townhouses and condominiums making up the majority of the market. Bristol is also recognized as an "All American City" as it offers residents a peaceful and healthy quality of life that many families, professionals, and retirees have come to love. Students are served by the Bristol Tennessee City School System where many have gone on to attend a number of area colleges including King College and Virginia Intermont, which are located directly in the city.
Recreational options are abundant and residents never run out of things to do. A day trip to the Bristol Caverns or the Bristol Motor Speedway is always sure to please the kids, and if you enjoy the outdoors, look no further than Bristol. Popular past times include fishing and boating along Steele Creek Park Lake, where you're bound to come home with a catch! Or, if you'd rather just sit and relax or take a hike along the forested trails, then take advantage of the 2,200 acres of open space at Steele Creek Park. Steele Creek Park is also home to Steele Creek Park Golf Course, and Bristol is within driving distance to a number of other challenging courses.
| Bristol, TN City Guide |
Price Range of Bristol, TN Real Estate
Bristol, Tennessee, is part of an area known as the Tri-Cities where it was recently ranked third in the nation for home appreciation. Bristol is home to a diverse population of about 26,000 people, many of them first-time owners of homes, empty nesters, and families who enjoy the excellent quality of life that this city affords. And like its population, the real estate for sale is just as diverse; single-family homes in a number of suburban neighborhoods, college areas, and even in quiet rural areas that are not far removed from the city life of Bristol make up the majority of the market.
Many single-family homes for sale can be found in Bristol, TN starting from $105,000 for a brick-styled starter home in a rural setting. A gorgeous two-story traditionally Southern home made of brick and featuring a colonnade facade in a tranquil suburb can be purchased for $110,000. If you're looking to invest in a palatial home in one of Bristol's prestigious new home subdivisions and within a short driving distance to the local golf course, you can easily find one for sale to your liking for $3 million. Townhouses and condos are also for sale throughout Bristol, TN, with affordable prices starting from $105,000 to $520,000 for homes in a wooded setting.
Bristol Real Estate Stats and Trends for the week of May 23rd, 2016: homes priced around $159,523 compared to $158,657 the previous week, for a slight increase of less than +1%. For Tuesday, May 24th, the current national mortgage rate for a 30 year fixed mortgage is 3.64%; the 15 year fixed rate is at 2.76%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.24%, while the 15 year jumbo rate currently is at 3.92%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Bristol TN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Bristol to help you find the best home!