Is Deer Lodge, TN 37726 a buyer’s or seller’s market?

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

Deer Lodge is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.8Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list92.8%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$197▼ −9.7% vs. last year

The Deer Lodge housing market right now

In the three months ending August 31, 2026, 40% of homes in Deer Lodge, TN 37726 sold above their list price, the typical home went under contract in 49 days and there were 5.8 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. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (203 days then) and the median sale price fell 68% to $170,616. Overall, Deer Lodge is more competitive than a year ago, so tougher for buyers.

Within Morgan County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%.

Nearby, buyers who want less competition could look at Sunbright 37872 (0% sold over asking) or Lancing 37770 (0% sold over asking), while Oakdale 37829 (100% sold over asking) is even more competitive.

Nearby markets

Lancing 37770Seller’s market $214 /sq ftOakdale 37829Buyer’s market $211 /sq ftOliver Springs 37840Balanced $181 /sq ftSunbright 37872Seller’s market $159 /sq ft Browse all markets →

Where Deer Lodge is

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Questions about Deer Lodge real estate

Is Deer Lodge a buyer’s or seller’s market?

A balanced market: there were 5.8 months of supply in Deer Lodge, TN 37726 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 Deer Lodge?

The typical home went under contract in 49 days in the latest three months.

Do homes in Deer Lodge sell over asking?

40% of homes sold above their original list price, and the typical sale closed at 92.8% of the list price.

What are property taxes in Deer Lodge?

About 0.52% of a home’s value a year in Morgan County, or roughly $2,080 on a $400,000 home.

What is the median home price in Deer Lodge?

The median sale price was $170,616 in the three months ending August 31, 2026, about $197 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