Is Sunbright, TN 37872 a buyer’s or seller’s market?

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

Sunbright is a seller’s market. With about 2.3 months of supply and 0% 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.

Months of supply2.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market146Listing to accepted offer
Median price per sq ft$159▲ +16.8% vs. last year

The Sunbright housing market right now

In the three months ending August 31, 2026, 0% of homes in Sunbright, TN 37872 sold above their list price, the typical home went under contract in 146 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 fell from 17%, homes sold more slowly (48 days then) and the median sale price rose 63% to $253,390. Overall, Sunbright is less competitive than a year ago, which gives buyers more room.

Within Morgan County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Oakdale 37829 (100% sold over asking) and Deer Lodge 37726 (40% sold over asking) are even more competitive.

Nearby markets

Deer Lodge 37726Balanced $197 /sq ftLancing 37770Seller’s market $214 /sq ftOakdale 37829Buyer’s market $211 /sq ftOliver Springs 37840Balanced $181 /sq ft Browse all markets →

Where Sunbright is

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Questions about Sunbright real estate

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

A seller’s market: there were 2.3 months of supply in Sunbright, TN 37872 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 Sunbright?

The typical home went under contract in 146 days in the latest three months.

Do homes in Sunbright sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.

What are property taxes in Sunbright?

About 0.52% of a home’s value a year in Morgan County, or roughly $2,080 on a $400,000 home.

What is the median home price in Sunbright?

The median sale price was $253,390 in the three months ending August 31, 2026, about $159 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