Is Tracy City, TN 37387 a buyer’s or seller’s market?
Tracy City is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Tracy City housing market right now
In the three months ending August 31, 2026, 10% of homes in Tracy City, TN 37387 sold above their list price, the typical home went under contract in 95 days and there were 11.2 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 10 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold faster (109 days then) and the median sale price fell 12% to $267,384. Overall, Tracy City is more competitive than a year ago, so tougher for buyers.
Within Grundy County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%.
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) and Altamont 37301 (25% sold over asking) are even more competitive.
Run the numbers for 37387
Nearby markets
Altamont 37301Buyer’s market $248 /sq ftBeersheba Springs 37305Balanced $282 /sq ftCoalmont 37313 — /sq ftGruetli Laager 37339Buyer’s market $167 /sq ft Browse all markets →Towns like Tracy City nearby
Find towns like Tracy City in other states →Where Tracy City is
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Questions about Tracy City real estate
Is Tracy City a buyer’s or seller’s market?
A buyer’s market: there were 11.2 months of supply in Tracy City, TN 37387 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 Tracy City?
The typical home went under contract in 95 days in the latest three months.
Do homes in Tracy City sell over asking?
10% 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 Tracy City?
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 Tracy City?
The median sale price was $267,384 in the three months ending August 31, 2026, about $194 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