Is Mountain City, TN 37683 a buyer’s or seller’s market?

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

Mountain City is a buyer’s market. With about 6.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score8/ 100

More competitive than 3% of U.S. ZIP codes, and #294 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 supply6.7Under 4 months = seller’s market
Sold above original list3.3%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$196▲ +9.9% vs. last year

The Mountain City housing market right now

In the three months ending August 31, 2026, 3% of homes in Mountain City, TN 37683 sold above their list price, the typical home went under contract in 65 days and there were 6.7 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 31 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold faster (68 days then) and the median sale price rose 31% to $352,348. Overall, Mountain City is less competitive than a year ago, which gives buyers more room.

On our competition score, Mountain City ranks #294 of 299 TN ZIP codes with enough sales (score 8 out of 100).

Nearby, buyers who want less competition could look at Trade 37691 (0% sold over asking) or Shady Valley 37688 (0% sold over asking).

Nearby markets

Butler 37640Buyer’s market $304 /sq ftLaurel Bloomery 37680 — /sq ftShady Valley 37688Balanced $176 /sq ftTrade 37691Seller’s market $236 /sq ft Browse all markets →

Where Mountain City is

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Questions about Mountain City real estate

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

A buyer’s market: there were 6.7 months of supply in Mountain City, TN 37683 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 Mountain City?

The typical home went under contract in 65 days in the latest three months.

Do homes in Mountain City sell over asking?

3% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.

What are property taxes in Mountain City?

About 0.40% of a home’s value a year in Johnson County, or roughly $1,600 on a $400,000 home.

What is the median home price in Mountain City?

The median sale price was $352,348 in the three months ending August 31, 2026, about $196 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