Is Wartrace, TN 37183 a buyer’s or seller’s market?
Wartrace is a buyer’s market. With about 24.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Wartrace housing market right now
In the three months ending August 31, 2026, 33% of homes in Wartrace, TN 37183 sold above their list price, the typical home went under contract in 65 days and there were 24.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (108 days then) and the median sale price fell 45% to $254,790. Overall, Wartrace is more competitive than a year ago, so tougher for buyers.
Within Bedford County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Normandy 37360 (0% sold over asking) or Bell Buckle 37020 (0% sold over asking).
Run the numbers for 37183
Nearby markets
Bell Buckle 37020Balanced $235 /sq ftNormandy 37360Seller’s market $240 /sq ftShelbyville 37160Balanced $206 /sq ftUnionville 37180Seller’s market $195 /sq ft Browse all markets →Towns like Wartrace nearby
Find towns like Wartrace in other states →Where Wartrace is
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Questions about Wartrace real estate
Is Wartrace a buyer’s or seller’s market?
A buyer’s market: there were 24.5 months of supply in Wartrace, TN 37183 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 Wartrace?
The typical home went under contract in 65 days in the latest three months.
Do homes in Wartrace sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Wartrace?
About 0.48% of a home’s value a year in Bedford County, or roughly $1,920 on a $400,000 home.
What is the median home price in Wartrace?
The median sale price was $254,790 in the three months ending August 31, 2026, about $180 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