Is New Tazewell, TN 37825 a buyer’s or seller’s market?
New Tazewell is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 3% of U.S. ZIP codes, and #292 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 New Tazewell housing market right now
In the three months ending August 31, 2026, 0% of homes in New Tazewell, TN 37825 sold above their list price, the typical home went under contract in 89 days and there were 4.8 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. That’s based on 25 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold more slowly (69 days then) and the median sale price fell 2% to $299,870. Overall, New Tazewell is less competitive than a year ago, which gives buyers more room.
Within Claiborne County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, New Tazewell ranks #292 of 299 TN ZIP codes with enough sales (score 9 out of 100).
Nearby, Clairfield 37715 (100% sold over asking) and Tazewell 37879 (18% sold over asking) are even more competitive.
Run the numbers for 37825
Nearby markets
Clairfield 37715Buyer’s market $120 /sq ftCumberland Gap 37724Buyer’s market $113 /sq ftHarrogate 37752Buyer’s market $198 /sq ftPruden 37851 — /sq ft Browse all markets →Towns like New Tazewell nearby
Find towns like New Tazewell in other states →Where New Tazewell is
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Questions about New Tazewell real estate
Is New Tazewell a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in New Tazewell, TN 37825 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 New Tazewell?
The typical home went under contract in 89 days in the latest three months.
Do homes in New Tazewell sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.
What are property taxes in New Tazewell?
About 0.49% of a home’s value a year in Claiborne County, or roughly $1,960 on a $400,000 home.
What is the median home price in New Tazewell?
The median sale price was $299,870 in the three months ending August 31, 2026, about $148 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