Is Reliance, TN 37369 a buyer’s or seller’s market?
Reliance is a buyer’s market. With about 32 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Reliance housing market right now
In the three months ending August 31, 2026, 0% of homes in Reliance, TN 37369 sold above their list price, the typical home went under contract in 25 days and there were 32 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (53 days then) and the median sale price fell 11% to $274,881. Overall, Reliance is less competitive than a year ago, which gives buyers more room.
Within Polk County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Benton 37307 (13% sold over asking) and Ocoee 37361 (13% sold over asking) are even more competitive.
Run the numbers for 37369
Nearby markets
Benton 37307Balanced $200 /sq ftConasauga 37316 — /sq ftCopperhill 37317Balanced $195 /sq ftDelano 37325Buyer’s market $180 /sq ft Browse all markets →Where Reliance is
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Questions about Reliance real estate
Is Reliance a buyer’s or seller’s market?
A buyer’s market: there were 32 months of supply in Reliance, TN 37369 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 Reliance?
The typical home went under contract in 25 days in the latest three months.
Do homes in Reliance sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.0% of the list price.
What are property taxes in Reliance?
About 0.50% of a home’s value a year in Polk County, or roughly $2,000 on a $400,000 home.
What is the median home price in Reliance?
The median sale price was $274,881 in the three months ending August 31, 2026, about $351 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