Is Bean Station, TN 37708 a buyer’s or seller’s market?
Bean Station is a seller’s market. With about 3.5 months of supply and 12% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 19% of U.S. ZIP codes, and #195 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 Bean Station housing market right now
In the three months ending August 31, 2026, 12% of homes in Bean Station, TN 37708 sold above their list price, the typical home went under contract in 84 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 26 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold faster (122 days then) and the median sale price rose 89% to $454,004. Overall, Bean Station is more competitive than a year ago, so tougher for buyers.
Within Grainger County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Bean Station ranks #195 of 299 TN ZIP codes with enough sales (score 24 out of 100).
Nearby, buyers who want less competition could look at Washburn 37888 (0% sold over asking) or Thorn Hill 37881 (0% sold over asking), while Blaine 37709 (20% sold over asking) is even more competitive.
Run the numbers for 37708
Nearby markets
Blaine 37709Buyer’s market $228 /sq ftPowder Springs 37848 — /sq ftRutledge 37861Balanced $238 /sq ftThorn Hill 37881Buyer’s market $160 /sq ft Browse all markets →Towns like Bean Station nearby
Find towns like Bean Station in other states →Where Bean Station is
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Questions about Bean Station real estate
Is Bean Station a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Bean Station, TN 37708 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 Bean Station?
The typical home went under contract in 84 days in the latest three months.
Do homes in Bean Station sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in Bean Station?
About 0.48% of a home’s value a year in Grainger County, or roughly $1,920 on a $400,000 home.
What is the median home price in Bean Station?
The median sale price was $454,004 in the three months ending August 31, 2026, about $206 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