Is Surgoinsville, TN 37873 a buyer’s or seller’s market?
Surgoinsville is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Surgoinsville housing market right now
In the three months ending August 31, 2026, 50% of homes in Surgoinsville, TN 37873 sold above their list price, the typical home went under contract in 65 days and there were 5.3 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. With only 6 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 11%, homes sold more slowly (46 days then) and the median sale price rose 3% to $246,143. Overall, Surgoinsville is more competitive than a year ago, so tougher for buyers.
Within Hawkins County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Mooresburg 37811 (0% sold over asking) or Eidson 37731 (0% sold over asking).
Run the numbers for 37873
Nearby markets
Bulls Gap 37711Balanced $161 /sq ftChurch Hill 37642Seller’s market $163 /sq ftEidson 37731Buyer’s market $266 /sq ftMooresburg 37811Balanced $246 /sq ft Browse all markets →Towns like Surgoinsville nearby
Find towns like Surgoinsville in other states →Where Surgoinsville is
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Questions about Surgoinsville real estate
Is Surgoinsville a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Surgoinsville, TN 37873 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 Surgoinsville?
The typical home went under contract in 65 days in the latest three months.
Do homes in Surgoinsville sell over asking?
50% 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 Surgoinsville?
About 0.54% of a home’s value a year in Hawkins County, or roughly $2,160 on a $400,000 home.
What is the median home price in Surgoinsville?
The median sale price was $246,143 in the three months ending August 31, 2026, about $168 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