Is Bulls Gap, TN 37711 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Bulls Gap is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$161▼ −7.9% vs. last year

The Bulls Gap housing market right now

In the three months ending August 31, 2026, 8% of homes in Bulls Gap, TN 37711 sold above their list price, the typical home went under contract in 30 days and there were 5.3 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 12 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (79 days then) and the median sale price rose 21% to $302,869. Overall, Bulls Gap is more competitive than a year ago, so tougher for buyers.

Within Hawkins County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 50%.

Nearby, buyers who want less competition could look at Mooresburg 37811 (0% sold over asking) or Eidson 37731 (0% sold over asking), while Surgoinsville 37873 (50% sold over asking) and Church Hill 37642 (23% sold over asking) are even more competitive.

Nearby markets

Church Hill 37642Seller’s market $163 /sq ftEidson 37731Buyer’s market $266 /sq ftMooresburg 37811Balanced $246 /sq ftMount Carmel 37645Buyer’s market $176 /sq ft Browse all markets →

Where Bulls Gap is

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Questions about Bulls Gap real estate

Is Bulls Gap a buyer’s or seller’s market?

A balanced market: there were 5.3 months of supply in Bulls Gap, TN 37711 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 Bulls Gap?

The typical home went under contract in 30 days in the latest three months.

Do homes in Bulls Gap sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Bulls Gap?

About 0.54% of a home’s value a year in Hawkins County, or roughly $2,160 on a $400,000 home.

What is the median home price in Bulls Gap?

The median sale price was $302,869 in the three months ending August 31, 2026, about $161 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