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Is Del Rio, TN 37727 a buyer’s or seller’s market?

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

Del Rio is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market117Listing to accepted offer
Median price per sq ft$239▲ +2.5% vs. last year

The Del Rio housing market right now

In the three months ending August 31, 2026, 25% of homes in Del Rio, TN 37727 sold above their list price, the typical home went under contract in 117 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 more slowly (43 days then) and the median sale price fell 32% to $249,392. Overall, Del Rio is about as competitive as it was a year ago.

Within Cocke County, homes here sell more slowly 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 Parrottsville 37843 (0% sold over asking) or Hartford 37753 (0% sold over asking).

Run the numbers for 37727

Prefilled for 37727Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37727Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bybee 37713Seller’s market $141 /sq ftCosby 37722Buyer’s market $239 /sq ftHartford 37753Seller’s market $142 /sq ftNewport 37821Buyer’s market $182 /sq ft Browse all markets →

Towns like Del Rio nearby

Find towns like Del Rio in other states →
Cosby, TN37722 · 12 miles away83% similarpricier homes ($71K more) · larger Hot Springs, NC28743 · 8 miles away75% similarpricier homes ($30K more) · 10 min shorter commute Bulls Gap, TN37711 · 28 miles away66% similarlarger · 13 min shorter commute Limestone, TN37681 · 34 miles away63% similarpricier homes ($45K more) · larger

Where Del Rio is

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Questions about Del Rio real estate

Is Del Rio a buyer’s or seller’s market?

A buyer’s market: there were 12.8 months of supply in Del Rio, TN 37727 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 Del Rio?

The typical home went under contract in 117 days in the latest three months.

Do homes in Del Rio sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.

What are property taxes in Del Rio?

About 0.57% of a home’s value a year in Cocke County, or roughly $2,280 on a $400,000 home.

What is the median home price in Del Rio?

The median sale price was $249,392 in the three months ending August 31, 2026, about $239 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