Market Trends: 5/3/2013
Bristol
Market Snapshot
Total Properties Listed:
813
Month-Over-Month Change: -2.63%
Average List Price:
$168,488
Month-Over-Month Change: +9.49%
Median List Price:
$109,900
Month-Over-Month Change: +18.3%
Typical Property
Single-Family Home
3.15 Bedrooms
2.23 Baths
$168,488 Average List Price
$88/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$67,425
2 Bedrooms:
$103,608
3 Bedrooms:
$173,447
4 Bedrooms:
$270,355
5 Bedrooms:
$506,939
Top 5 Most Viewed Properties
Bristol, TN Real Estate:
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The Tri-Cities Area
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The Tri-Cities Area: 9,621 Listings
Bristol Real Estate
About Bristol
Residents of Bristol real estate live within a city that is known as the “Birthplace of Country Music.” Located in Sullivan County, Tennessee, this city has a population of 26,702, according to the 2010 census. It is the twin city of Bristol, Virginia, directly across the state line. Both cities’ borders run along State Street and share a common downtown area. As a part of the Johnson City/Kingsport/Bristol, TN-VA Combined Statistical Area, this city is also known as part of the Tri-Cities. Bristol was officially recognized as the “Birthplace of Country Music” by Congress in 1998. Those who choose Bristol homes for sale as well as visitors will enjoy the annual music festival held each September. The Bristol Rhythm & Roots Reunion is held in the downtown area shared by Tennessee and Virginia.
Five elementary schools, one middle school and one high school within the Bristol Tennessee City Schools District serve residents of Bristol real estate. There are private schools as well. The Bristol area is the home of many attractions including the Bristol Caverns. This is an exciting experience for residents and visitors alike. The caverns include walkways that wind their way through the domed spaces carved by the Underground River from 200 million to 400 million years ago. The rooms include columns and formations of natural stone that contain minerals. The minerals provide the formations with a variety of colors – gray, brown, blue, red and glittering white.
Residents of Bristol real estate will enjoy the nearby Bristol Motor Speedway. It is the world’s fastest half-mile track selling over 160,000 seats twice a year. This track hosts the NASCAR Winston Cup, the Busch and All Pro and Dash series. Located on Speedway Boulevard, the track opened in 1961. The cost of construction was $600,000. The Sprint Cup Series as well as Food City 500, Irwin Tools Night Race, the Scotts Turf Builder 300, Food City 250 and the O’Reilly 200 are just a few of the events that can be enjoyed here. It is a concrete track with 4 turns and was originally known as the Bristol International Raceway. The purchase of Bristol homes for sale will put buyers in the midst of this exciting raceway that held its first race on July 30, 1961.