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Featured local agent — Elizabethton, TN
Sarah Mitchell
Compass Real Estate · Elizabethton, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elizabethton, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$280,000median sale price
How is the Elizabethton, TN housing market right now?
The median home sale price in Elizabethton, TN is $280,000, up 14.3% year-over-year. Homes sell in an average of 46 days with 54 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Elizabethton a buyer's or seller's market?
Elizabethton, TN is currently a seller's market, based on 2.3 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
46
Average pace
Active listings
54
2.3 months supply
Sale-to-list
97.2%
Below asking
What does the Elizabethton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $280,000 |
| Median list price | $267,400 |
| Year-over-year price change | +14.3% |
| Average days on market | 46 days |
| Active inventory | 54 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $170/sq ft |
| Homes sold (latest month) | 24 |
| New listings (latest month) | 18 |
| Listings with a price cut | 46.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elizabethton by property type?
How the Elizabethton, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $295,000 | $162/sq ft | 23 | 45 days |
| Condo / Co-op | $237,000 | $206/sq ft | 1 | 46 days |
| Townhouse | $214,000 | $124/sq ft | 1 | 16 days |
Source: Redfin · Updated monthly
The Elizabethton housing market is currently classified as a seller's market with a median sale price of $280,000. Prices have risen 14.3% compared to last year, with homes spending an average of 46 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Elizabethton
There are currently 54 homes listed for sale in Elizabethton, Tennessee. The median listing price is $267K.
Active listings
54
Homes on market
Median list price
$267K
Avg. days on market
46
Days until sale
New this week
18
Newly listed
Who lives in Elizabethton?
Population
14,364
Median income
$44,834/yr
Median age
40.6 years
Owner-occupied
62.1%
College grads
25.2%
Avg commute
21.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Elizabethton?
Zillow home value
$236,955
Zillow rent index
$1,067/mo
Price-to-rent ratio
18.5x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Elizabethton?
Elizabethton is a community of approximately 14K residents with a median age of 40.6 years.The median household income is $44,834, which represents a working-class community with solid middle-income opportunities. 25.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.1%, showing a blend of owner and renter-occupied properties. The average commute time is 21.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elizabethton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elizabethton?
13 schools tracked · 4,899 students
The largest public schools serving Elizabethton, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Elizabethton High School
Grades 9-12 · 879 students
T A Dugger Junior High School
Grades 6-8 · 623 students
Hunter Elementary
Grades K-8 · 519 students
East Side Elementary
Grades PK-5 · 462 students
Happy Valley High School
Grades 9-12 · 450 students
Harold McCormick Elementary
Grades K-5 · 363 students
West Side Elementary
Grades K-5 · 362 students
Happy Valley Middle School
Grades 5-8 · 361 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Elizabethton, TN?
Want a head-to-head view? Compare Elizabethton side-by-side with any other U.S. city using our market-comparison tool.
Is Elizabethton a good real estate investment market?
For investors evaluating Elizabethton, the price-to-rent ratio of 18.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 14.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Elizabethton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Elizabethton's median home price.
Frequently asked questions
What is the average home price in Elizabethton?
The median home sale price in Elizabethton is $280,000, up 14.3% from last year.
How long do homes stay on market in Elizabethton?
Homes typically spend 46 days on market before going under contract.
What is the median income in Elizabethton?
The median household income is $44,834 per year.
Is Elizabethton a buyer's or seller's market?
With 2.3 months of supply, Elizabethton is currently a seller's market.
What is the Zillow home value estimate for Elizabethton?
The Zillow Home Value Index (ZHVI) for Elizabethton is $236,955, representing the typical home value in the area.
What is the median condo price in Elizabethton?
The median condo/co-op sale price in Elizabethton, TN is $237,000, compared to $295,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Elizabethton?
The median single-family home price in Elizabethton, TN is $295,000 (about $162 per square foot).
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