Market Overview
Home Prices in Bristol, TN
The median home value in Bristol, TN is $241,243 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bristol are priced41% below average. Bristol is part of the Kingsport-Bristol, TN-VA metro area.
Over the past five years, Bristol home values have risen by approximately39.3%, reflecting strong long-term appreciation in this market.
Price History
Bristol Home Price Trend
City Comparison
Bristol vs. National Median
At $241,243, homes in Bristol cost 41% below the national median of $410,000. This makes Bristol a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bristol?
20% Down Payment
$48,249
on $241,243
Monthly P&I
$1,258/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,598/mo
incl. taxes & insurance
Income Needed
$63,920
gross annual (30% rule)
10% Down Option
$24,124
+ PMI applies
Loan Amount (20% dn)
$192,994
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bristol, TN?
The median home value in Bristol is $241,243 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in Bristol?
Over the past year, home values in Bristol have decreased by 1.6%. Over five years, prices have risen approximately 39.3%.
How much do I need to earn to buy a home in Bristol?
To comfortably afford the median home price of $241,243 with a 20% down payment ($48,249) at today's rates (6.8%), you'd need a gross annual income of approximately $63,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Bristol compare to the national average home price?
The national median home value is approximately $410,000. At $241,243, homes in Bristol are 41% below the national average.
What metro area is Bristol part of?
Bristol is part of the Kingsport-Bristol, TN-VA metropolitan area. Home prices and market conditions can vary across the broader metro region.