Is Luttrell, TN 37779 a buyer’s or seller’s market?
Luttrell is a seller’s market. With about 2.3 months of supply and 43% 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.
The Luttrell housing market right now
In the three months ending August 31, 2026, 43% of homes in Luttrell, TN 37779 sold above their list price, the typical home went under contract in 58 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 (60 days then) and the median sale price fell 57% to $224,903. Overall, Luttrell is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Sharps Chapel 37866 (0% sold over asking) or Maynardville 37807 (12% sold over asking).
Run the numbers for 37779
Nearby markets
Maynardville 37807Seller’s market $231 /sq ftSharps Chapel 37866Buyer’s market $284 /sq ft Browse all markets →Towns like Luttrell nearby
Find towns like Luttrell in other states →Where Luttrell is
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Questions about Luttrell real estate
Is Luttrell a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Luttrell, TN 37779 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 Luttrell?
The typical home went under contract in 58 days in the latest three months.
Do homes in Luttrell sell over asking?
43% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Luttrell?
About 0.37% of a home’s value a year in Union County, or roughly $1,480 on a $400,000 home.
What is the median home price in Luttrell?
The median sale price was $224,903 in the three months ending August 31, 2026, about $185 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