Is Westmoreland, TN 37186 a buyer’s or seller’s market?

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

Westmoreland is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score23/ 100

More competitive than 17% of U.S. ZIP codes, and #202 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

Months of supply4.5Under 4 months = seller’s market
Sold above original list8.1%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$220▲ +21.9% vs. last year

The Westmoreland housing market right now

In the three months ending August 31, 2026, 8% of homes in Westmoreland, TN 37186 sold above their list price, the typical home went under contract in 56 days and there were 4.5 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. That’s based on 38 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (62 days then) and the median sale price rose 6% to $329,757. Overall, Westmoreland is less competitive than a year ago, which gives buyers more room.

Within Sumner County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 67%. On our competition score, Westmoreland ranks #202 of 299 TN ZIP codes with enough sales (score 23 out of 100).

Nearby, buyers who want less competition could look at Castalian Springs 37031 (0% sold over asking), while Cottontown 37048 (25% sold over asking) and Gallatin 37066 (14% sold over asking) are even more competitive.

Nearby markets

Bethpage 37022Balanced $269 /sq ftCastalian Springs 37031Buyer’s market $228 /sq ftCottontown 37048Balanced $251 /sq ftGallatin 37066Balanced $226 /sq ft Browse all markets →

Where Westmoreland is

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Questions about Westmoreland real estate

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

A balanced market: there were 4.5 months of supply in Westmoreland, TN 37186 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 Westmoreland?

The typical home went under contract in 56 days in the latest three months.

Do homes in Westmoreland sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Westmoreland?

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 Westmoreland?

The median sale price was $329,757 in the three months ending August 31, 2026, about $220 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