Mortgage Rates in Kingsport, Tennessee — March 2026
Updated March 2026 | Based on Kingsport market data and regional lending conditions
Kingsport is a growing city in Tennessee with a population of 55,442. The current 30-year fixed mortgage rate in Kingsport is 6.78%, which is 0.13% above the national average. With a median home price of $255,000 and a 20% down payment of $51,000, homebuyers can expect a monthly principal and interest payment of approximately $1,327.
Current Mortgage Rates in Kingsport, TN
Below are the current average mortgage rates available in the Kingsport area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.78% | 6.65% | +0.13% |
| 15-Year Fixed | 6.02% | 5.89% | +0.13% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.03% | 6.85% | +0.18% |
Kingsport Housing Market Overview
The Kingsport housing market offers relatively affordable housing compared to many major cities. The median household income in Kingsport is $52,000, and the cost of living index is 90.7 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $63,086 to comfortably afford the median-priced home in Kingsport, which exceeds the current median household income.
Monthly Payment Breakdown for Kingsport
Based on the median home price of $255,000 with 20% down ($51,000), here is what you can expect to pay monthly in Kingsport:
15-Year vs. 30-Year Mortgage in Kingsport
Choosing a 15-year mortgage in Kingsport at 6.02% instead of a 30-year at 6.78% would save you $167,400 in total interest over the life of the loan. However, your monthly payment would be $1,724 instead of $1,327 — an increase of $397 per month.
Calculate Your Kingsport Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Kingsport
What are the current mortgage rates in Kingsport, TN?
As of March 2026, the average 30-year fixed mortgage rate in Kingsport, Tennessee is 6.78%, while the 15-year fixed rate is 6.02%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.13% above the national average of 6.65%.
How much is a monthly mortgage payment in Kingsport?
Based on the median home price of $255,000 with 20% down, the estimated monthly mortgage payment in Kingsport is $1,327 for principal and interest. Including property taxes of $145/month, the total monthly housing cost is approximately $1,472.
What income do I need to buy a home in Kingsport?
Using the 28% rule, you would need an annual income of approximately $63,086 to afford the median-priced home in Kingsport at $255,000. The median household income in Kingsport is $52,000. This means most households would need to either earn above the median or consider homes below $255,000.
Is Kingsport a good place to buy a home in 2026?
Kingsport offers a below-average cost of living with a cost of living index of 90.7 (national average = 100). The property tax rate in Tennessee is 0.68%, which is below the national average. Kingsport has a population of 55,442 and offers a very affordable lifestyle.
Mortgage Rates in Other Tennessee Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Kingsport, Tennessee area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.