Is Altamont, TN 37301 a buyer’s or seller’s market?
Altamont is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Altamont housing market right now
In the three months ending August 31, 2026, 25% of homes in Altamont, TN 37301 sold above their list price, the typical home went under contract in 28 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 (98 days then) and the median sale price fell 32% to $334,855. Overall, Altamont is more competitive than a year ago, so tougher for buyers.
Within Grundy County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Gruetli Laager 37339 (0% sold over asking) or Beersheba Springs 37305 (0% sold over asking), while Palmer 37365 (43% sold over asking) is even more competitive.
Run the numbers for 37301
Nearby markets
Beersheba Springs 37305Balanced $282 /sq ftCoalmont 37313 — /sq ftGruetli Laager 37339Buyer’s market $167 /sq ftPalmer 37365Seller’s market $152 /sq ft Browse all markets →Towns like Altamont nearby
Find towns like Altamont in other states →Where Altamont is
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Questions about Altamont real estate
Is Altamont a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Altamont, TN 37301 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 Altamont?
The typical home went under contract in 28 days in the latest three months.
Do homes in Altamont sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Altamont?
About 0.38% of a home’s value a year in Grundy County, or roughly $1,520 on a $400,000 home.
What is the median home price in Altamont?
The median sale price was $334,855 in the three months ending August 31, 2026, about $248 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