Is Tullahoma, TN 37388 a buyer’s or seller’s market?
Tullahoma is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 32% of U.S. ZIP codes, and #102 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
The Tullahoma housing market right now
In the three months ending August 31, 2026, 17% of homes in Tullahoma, TN 37388 sold above their list price, the typical home went under contract in 62 days and there were 4.4 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 145 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold about as fast and the median sale price fell 6% to $299,870. Overall, Tullahoma is about as competitive as it was a year ago.
On our competition score, Tullahoma ranks #102 of 299 TN ZIP codes with enough sales (score 34 out of 100).
Nearby, buyers who want less competition could look at Beechgrove 37018 (0% sold over asking) or Hillsboro 37342 (13% sold over asking).
Run the numbers for 37388
Nearby markets
Beechgrove 37018Buyer’s market $187 /sq ftHillsboro 37342Seller’s market $185 /sq ftManchester 37355Balanced $202 /sq ft Browse all markets →Towns like Tullahoma nearby
Find towns like Tullahoma in other states →Where Tullahoma is
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Questions about Tullahoma real estate
Is Tullahoma a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Tullahoma, TN 37388 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 Tullahoma?
The typical home went under contract in 62 days in the latest three months.
Do homes in Tullahoma sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Tullahoma?
About 0.57% of a home’s value a year in Coffee County, or roughly $2,280 on a $400,000 home.
What is the median home price in Tullahoma?
The median sale price was $299,870 in the three months ending August 31, 2026, about $193 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