Is Castalian Springs, TN 37031 a buyer’s or seller’s market?
Castalian Springs is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 9% of U.S. ZIP codes, and #274 of 315 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Castalian Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Castalian Springs, TN 37031 sold above their list price, the typical home went under contract in 111 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold more slowly (48 days then) and the median sale price rose 6% to $559,758. Overall, Castalian Springs is less competitive than a year ago, which gives buyers more room.
Within Sumner County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Cottontown 37048 (25% sold over asking) and Gallatin 37066 (14% sold over asking) are even more competitive.
Run the numbers for 37031
Nearby markets
Bethpage 37022Balanced $269 /sq ftCottontown 37048Balanced $251 /sq ftGallatin 37066Balanced $226 /sq ftHendersonville 37075Balanced $233 /sq ft Browse all markets →Towns like Castalian Springs nearby
Find towns like Castalian Springs in other states →Where Castalian Springs is
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Questions about Castalian Springs real estate
Is Castalian Springs a buyer’s or seller’s market?
A buyer’s market: there were 6.1 months of supply in Castalian Springs, TN 37031 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 Castalian Springs?
The typical home went under contract in 111 days in the latest three months.
Do homes in Castalian Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in Castalian Springs?
About 0.51% of a home’s value a year in Sumner County, or roughly $2,040 on a $400,000 home.
What is the median home price in Castalian Springs?
The median sale price was $559,758 in the three months ending August 31, 2026, about $228 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