Is Rockwood, TN 37854 a buyer’s or seller’s market?
Rockwood is a seller’s market. With about 3.7 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.
More competitive than 21% of U.S. ZIP codes, and #186 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 Rockwood housing market right now
In the three months ending August 31, 2026, 10% of homes in Rockwood, TN 37854 sold above their list price, the typical home went under contract in 59 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 40 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (10% then), homes sold about as fast and the median sale price rose 38% to $288,875. Overall, Rockwood is about as competitive as it was a year ago.
On our competition score, Rockwood ranks #186 of 299 TN ZIP codes with enough sales (score 26 out of 100).
Nearby, Kingston 37763 (20% sold over asking) and Harriman 37748 (20% sold over asking) are even more competitive.
Run the numbers for 37854
Nearby markets
Harriman 37748Seller’s market $189 /sq ftKingston 37763Seller’s market $219 /sq ft Browse all markets →Towns like Rockwood nearby
Find towns like Rockwood in other states →Where Rockwood is
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Questions about Rockwood real estate
Is Rockwood a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Rockwood, TN 37854 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 Rockwood?
The typical home went under contract in 59 days in the latest three months.
Do homes in Rockwood sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in Rockwood?
About 0.53% of a home’s value a year in Roane County, or roughly $2,120 on a $400,000 home.
What is the median home price in Rockwood?
The median sale price was $288,875 in the three months ending August 31, 2026, about $196 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