Is Spring City, TN 37381 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Spring City is a buyer’s market. With about 6.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score13/ 100

More competitive than 6% of U.S. ZIP codes, and #272 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 supply6.9Under 4 months = seller’s market
Sold above original list3.6%Share of sales, last 3 months
Median sale-to-list96.1%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$158▼ −24.1% vs. last year

The Spring City housing market right now

In the three months ending August 31, 2026, 4% of homes in Spring City, TN 37381 sold above their list price, the typical home went under contract in 53 days and there were 6.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold faster (71 days then) and the median sale price fell 6% to $304,868. Overall, Spring City is about as competitive as it was a year ago.

On our competition score, Spring City ranks #272 of 299 TN ZIP codes with enough sales (score 13 out of 100).

Nearby, buyers who want less competition could look at Evensville 37332 (0% sold over asking), while Grandview 37337 (33% sold over asking) and Dayton 37321 (12% sold over asking) are even more competitive.

Nearby markets

Dayton 37321Seller’s market $179 /sq ftEvensville 37332Buyer’s market $198 /sq ftGrandview 37337Buyer’s market $257 /sq ft Browse all markets →

Where Spring City is

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Questions about Spring City real estate

Is Spring City a buyer’s or seller’s market?

A buyer’s market: there were 6.9 months of supply in Spring City, TN 37381 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 Spring City?

The typical home went under contract in 53 days in the latest three months.

Do homes in Spring City sell over asking?

4% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.

What are property taxes in Spring City?

About 0.43% of a home’s value a year in Rhea County, or roughly $1,720 on a $400,000 home.

What is the median home price in Spring City?

The median sale price was $304,868 in the three months ending August 31, 2026, about $158 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