Is Red Boiling Springs, TN 37150 a buyer’s or seller’s market?
Red Boiling Springs is a seller’s market. With about 3 months of supply and 7% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 18% of U.S. ZIP codes, and #201 of 299 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 August 31, 2026. See the breakdown
The Red Boiling Springs housing market right now
In the three months ending August 31, 2026, 7% of homes in Red Boiling Springs, TN 37150 sold above their list price, the typical home went under contract in 70 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (169 days then) and the median sale price rose 19% to $279,779. Overall, Red Boiling Springs is more competitive than a year ago, so tougher for buyers.
On our competition score, Red Boiling Springs ranks #201 of 299 TN ZIP codes with enough sales (score 24 out of 100).
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Questions about Red Boiling Springs real estate
Is Red Boiling Springs a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Red Boiling Springs, TN 37150 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 Red Boiling Springs?
The typical home went under contract in 70 days in the latest three months.
Do homes in Red Boiling Springs sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Red Boiling Springs?
About 0.39% of a home’s value a year in Macon County, or roughly $1,560 on a $400,000 home.
What is the median home price in Red Boiling Springs?
The median sale price was $279,779 in the three months ending August 31, 2026, about $196 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