Is Loudon, TN 37774 a buyer’s or seller’s market?

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

Loudon is a seller’s market. With about 2.8 months of supply and 10% 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.

Competition score30/ 100

More competitive than 27% of U.S. ZIP codes, and #141 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

Months of supply2.8Under 4 months = seller’s market
Sold above original list10.1%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$253▼ −3.0% vs. last year

The Loudon housing market right now

In the three months ending August 31, 2026, 10% of homes in Loudon, TN 37774 sold above their list price, the typical home went under contract in 70 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 183 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold faster (78 days then) and the median sale price rose 6% to $612,235. Overall, Loudon is about as competitive as it was a year ago.

Within Loudon County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Loudon ranks #141 of 299 TN ZIP codes with enough sales (score 30 out of 100).

Nearby, buyers who want less competition could look at Philadelphia 37846 (0% sold over asking) or Greenback 37742 (7% sold over asking), while Lenoir City 37772 (21% sold over asking) and Lenoir City 37771 (13% sold over asking) are even more competitive.

Nearby markets

Greenback 37742Balanced $269 /sq ftLenoir City 37771Seller’s market $214 /sq ftLenoir City 37772Seller’s market $234 /sq ftPhiladelphia 37846Seller’s market $278 /sq ft Browse all markets →

Where Loudon is

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Questions about Loudon real estate

Is Loudon a buyer’s or seller’s market?

A seller’s market: there were 2.8 months of supply in Loudon, TN 37774 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 Loudon?

The typical home went under contract in 70 days in the latest three months.

Do homes in Loudon sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.

What are property taxes in Loudon?

About 0.33% of a home’s value a year in Loudon County, or roughly $1,320 on a $400,000 home.

What is the median home price in Loudon?

The median sale price was $612,235 in the three months ending August 31, 2026, about $253 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