Is Belfast, TN 37019 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Belfast is a buyer’s market. With about 25.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply25.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market102Listing to accepted offer
Median price per sq ft$485▲ +163.6% vs. last year

The Belfast housing market right now

In the three months ending August 31, 2026, 0% of homes in Belfast, TN 37019 sold above their list price, the typical home went under contract in 102 days and there were 25.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (22 days then) and the median sale price rose 180% to $979,576. Overall, Belfast is less competitive than a year ago, which gives buyers more room.

Nearby, Lewisburg 37091 (15% sold over asking) and Cornersville 37047 (10% sold over asking) are even more competitive.

Nearby markets

Chapel Hill 37034Balanced $219 /sq ftCornersville 37047Seller’s market $201 /sq ftLewisburg 37091Balanced $188 /sq ft Browse all markets →

Where Belfast is

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Questions about Belfast real estate

Is Belfast a buyer’s or seller’s market?

A buyer’s market: there were 25.6 months of supply in Belfast, TN 37019 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Belfast?

The typical home went under contract in 102 days in the latest three months.

Do homes in Belfast sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Belfast?

About 0.48% of a home’s value a year in Marshall County, or roughly $1,920 on a $400,000 home.

What is the median home price in Belfast?

The median sale price was $979,576 in the three months ending August 31, 2026, about $485 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology