Is Jefferson City, TN 37760 a buyer’s or seller’s market?
Jefferson City is a seller’s market. With about 3 months of supply and 13% 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 29% of U.S. ZIP codes, and #119 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 Jefferson City housing market right now
In the three months ending August 31, 2026, 13% of homes in Jefferson City, TN 37760 sold above their list price, the typical home went under contract in 56 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 55 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold faster (62 days then) and the median sale price fell 7% to $312,365. Overall, Jefferson City is less competitive than a year ago, which gives buyers more room.
Within Jefferson County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Jefferson City ranks #119 of 299 TN ZIP codes with enough sales (score 33 out of 100).
Nearby, buyers who want less competition could look at White Pine 37890 (5% sold over asking) or Talbott 37877 (9% sold over asking), while New Market 37820 (28% sold over asking) is even more competitive.
Run the numbers for 37760
Nearby markets
Dandridge 37725Balanced $233 /sq ftNew Market 37820Seller’s market $183 /sq ftTalbott 37877Seller’s market $190 /sq ftWhite Pine 37890Buyer’s market $197 /sq ft Browse all markets →Towns like Jefferson City nearby
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Questions about Jefferson City real estate
Is Jefferson City a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Jefferson City, TN 37760 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 Jefferson City?
The typical home went under contract in 56 days in the latest three months.
Do homes in Jefferson City sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Jefferson City?
About 0.43% of a home’s value a year in Jefferson County, or roughly $1,720 on a $400,000 home.
What is the median home price in Jefferson City?
The median sale price was $312,365 in the three months ending August 31, 2026, about $184 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