Is Vonore, TN 37885 a buyer’s or seller’s market?
Vonore is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 23% of U.S. ZIP codes, and #167 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 Vonore housing market right now
In the three months ending August 31, 2026, 14% of homes in Vonore, TN 37885 sold above their list price, the typical home went under contract in 82 days and there were 4.2 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 54 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (106 days then) and the median sale price rose 2% to $675,458. Overall, Vonore is more competitive than a year ago, so tougher for buyers.
On our competition score, Vonore ranks #167 of 299 TN ZIP codes with enough sales (score 28 out of 100).
Nearby, Madisonville 37354 (18% sold over asking) is even more competitive.
Run the numbers for 37885
Nearby markets
Madisonville 37354Seller’s market $213 /sq ftSweetwater 37874Seller’s market $192 /sq ftTellico Plains 37385Buyer’s market $212 /sq ft Browse all markets →Towns like Vonore nearby
Find towns like Vonore in other states →Where Vonore is
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Questions about Vonore real estate
Is Vonore a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Vonore, TN 37885 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 Vonore?
The typical home went under contract in 82 days in the latest three months.
Do homes in Vonore sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in Vonore?
About 0.41% of a home’s value a year in Monroe County, or roughly $1,640 on a $400,000 home.
What is the median home price in Vonore?
The median sale price was $675,458 in the three months ending August 31, 2026, about $270 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