| Metric | Current (Mar 2026) | Prior Month | Year Ago | Year-Over-Year Change |
|---|---|---|---|---|
| Median Sale Price | $300,000 | $297,500 | $294,500 | +1.9% |
| Average Sale Price | $332,693 | $328,000 | $323,000 | +3.0% |
| Median Price/Sq Ft | $180 | $178 | $174 | +3.4% |
| Avg Days on Market | 67 days | 70 days | 50 days | +17 days |
| Active Listings | ~85 | ~80 | ~75 | +13% |
| New Listings (Month) | ~35 | ~30 | ~32 | +9% |
| Closed Sales (Month) | ~28 | ~25 | ~30 | -7% |
| Sale-to-List Ratio | 97.5% | 97.2% | 98.1% | -0.6 pts |
| New Construction Median | $345,000 | $342,000 | $335,000 | +3.0% |
| Inventory (Months) | ~3.0 | ~3.2 | ~2.5 | +0.5 mo |
| Property Type | Median Price | Avg Sq Ft | Price/Sq Ft | Avg DOM | Trend |
|---|---|---|---|---|---|
| Single-Family (Existing) | $285,000 | 1,750 sf | $163/sf | 72 days | Steady; slight appreciation; well-priced homes selling in 30–45 days |
| Single-Family (New Construction) | $345,000 | 2,050 sf | $168/sf | 55 days | Strong demand; Ole South communities driving activity |
| Townhome/Condo | $180,000–$220,000 | 1,200 sf | $155/sf | 75 days | Limited inventory; popular with first-time buyers and downsizers |
| Lakefront (Tims Ford) | $450,000+ | 2,200+ sf | $200+/sf | 90+ days | Premium segment; longer marketing time but strong eventual sales |
| Neighborhood Tier | Representative Neighborhoods | Median Price | Trend |
|---|---|---|---|
| Premium ($350K+) | Macon Manor, Hickory Hill, The Pines, Homaway Village | $430,000+ | Stable to appreciating; limited inventory keeps values firm |
| Upper-Mid ($300K–$350K) | Settlers Trace, Flowertown, Pineview Heights, Beech Hill | $320,000 | Steady appreciation; popular with move-up buyers |
| Mid-Range ($250K–$300K) | Maplewood, Belmont, Fairview, Lake Hills, Brookfield | $275,000 | Active segment; highest transaction volume; competitive |
| Affordable (Under $250K) | Anderson, Forrest Park, Bel-Aire, Kaywood | $200,000 | Entry-level demand strong; inventory limited; quick turnover |
| Year | Median Sale Price | Avg Sale Price | YoY Change | Avg DOM |
|---|---|---|---|---|
| 2026 (YTD) | $300,000 | $332,693 | +1.9% | 67 days |
| 2025 | $294,500 | $323,000 | +3.2% | 50 days |
| 2024 | $285,000 | $313,000 | +4.5% | 45 days |
| 2023 | $273,000 | $299,500 | +6.1% | 38 days |
| 2022 | $257,000 | $282,500 | +12.3% | 28 days |
| 2021 | $229,000 | $251,500 | +15.1% | 22 days |
| 2020 | $199,000 | $218,500 | +7.8% | 42 days |
The historical data tells a clear story: Tullahoma’s housing market has appreciated consistently over the past six years, with the pandemic-era surge of 2021 and 2022 giving way to more sustainable growth rates of 2 to 4 percent annually. The normalization of days-on-market from the frenetic 22-day pace of 2021 to today’s 67 days reflects a return to a healthier, more deliberate market where both buyers and sellers have time to make informed decisions.
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View Listings on My WebsiteFrequently Asked Questions About the Tullahoma Housing Market (NAR data)
Is the Tullahoma housing market going up or down?
The Tullahoma housing market is appreciating. As of March 2026, the median sale price is $300,000, representing a 1.9 percent increase year-over-year. The 12-month average sale price of $332,693 is up 3 percent. Appreciation has moderated from the double-digit growth of 2021 and 2022 to a more sustainable 2 to 3 percent annual pace, which indicates a healthy, stable market rather than a bubble.
Is now a good time to buy in Tullahoma?
Want to see what's available? Ready to make your move? Explore Tullahoma properties — find homes matched to current market conditions.
Yes, for buyers who plan to hold for 3 or more years. The market is offering more inventory and negotiating room than it has in the past several years, prices continue to appreciate (building equity from day one), and Tullahoma’s fundamental affordability means your monthly housing costs are manageable even at current interest rates. Waiting for rates to drop may result in higher home prices as increased demand pushes values up.
How competitive is the Tullahoma market?
The Tullahoma market is classified as somewhat competitive. Homes spend an average of 67 days on market and typically sell for about 97.5 percent of their listing price. This means buyers have time to evaluate options and negotiate, but well-priced homes in desirable neighborhoods still attract quick interest. Multiple-offer situations occur occasionally on the most attractive listings but are not the norm.
How often is this market report updated?
I update this Tullahoma housing market report monthly, on or around the 15th of each month, with data from the prior month’s MLS activity. Historical data is preserved at the bottom of the page so you can track trends over time. Bookmark this page for the most current Tullahoma market information available anywhere online.