A typical Walnut Hill home is worth roughly $262,000
Homes typically sell in 104 days, close to asking.
What kind of housing town is Walnut Hill?
Read from the numbers below. The page puts what stands out first.
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
92% of Walnut Hill households own their home
Half of Walnut Hill’s homes were built before 1972.
Tennessee: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Home prices up 70% in 5 years
The federal house price index for the ZIP code around Walnut Hill rose 70% over the past 5 years, faster than across Tennessee (60%). Prices were about flat last year. Carrying the Census median home value forward with that index puts the typical Walnut Hill home at roughly $262,000 today.
Carrying the Census median forward with the index puts a typical home at about $262K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Walnut Hill, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 5.1 years of income
More than across Tennessee (4.1 years). Try your own numbers below.
That’s $44K short of a typical Walnut Hill home.
A two-bedroom rents for about $1,090 a month here, $370 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Walnut Hill’s typical property tax (0.39% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,090
Renters already here pay a median of $1,219.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Kingsport-Bristol, TN-VA MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Walnut Hill vs. its neighbors
The towns that share a border with Walnut Hill. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Walnut Hill | $262K* | −0.1%† | $1,090 | — | $51,742 |
| Bristol | $238K | −1.1% | $1,090 | 127 | $58,162 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Walnut Hill buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.