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Is Tennessee Ridge, TN 37178 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Tennessee Ridge is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market115Listing to accepted offer
Median price per sq ft$134▼ −20.4% vs. last year

The Tennessee Ridge housing market right now

In the three months ending August 31, 2026, 0% of homes in Tennessee Ridge, TN 37178 sold above their list price, the typical home went under contract in 115 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, 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 (94 days then) and the median sale price rose 27% to $284,877. Overall, Tennessee Ridge is less competitive than a year ago, which gives buyers more room.

Nearby, Erin 37061 (9% sold over asking) is even more competitive.

Run the numbers for 37178

Prefilled for 37178Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37178Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Erin 37061Buyer’s market $190 /sq ftStewart 37175Buyer’s market $102 /sq ft Browse all markets →

Towns like Tennessee Ridge nearby

Find towns like Tennessee Ridge in other states →
New Johnsonville, TN37134 · 24 miles away83% similarlarger · younger residents Puryear, TN38251 · 33 miles away75% similarcheaper homes ($37K less) · larger Cunningham, TN37052 · 20 miles away72% similarpricier homes ($51K more) · older residents Vanleer, TN37181 · 19 miles away71% similarpricier homes ($42K more) · 6 min longer commute

Where Tennessee Ridge is

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Questions about Tennessee Ridge real estate

Is Tennessee Ridge a buyer’s or seller’s market?

A balanced market: there were 5.1 months of supply in Tennessee Ridge, TN 37178 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 Tennessee Ridge?

The typical home went under contract in 115 days in the latest three months.

Do homes in Tennessee Ridge sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.

What are property taxes in Tennessee Ridge?

About 0.54% of a home’s value a year in Houston County, or roughly $2,160 on a $400,000 home.

What is the median home price in Tennessee Ridge?

The median sale price was $284,877 in the three months ending August 31, 2026, about $134 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