Is Burlison, TN 38015 a buyer’s or seller’s market?
Burlison is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Burlison housing market right now
In the three months ending August 31, 2026, 17% of homes in Burlison, TN 38015 sold above their list price, the typical home went under contract in 16 days and there were 4.3 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 0%, homes sold more slowly (8 days then) and the median sale price held steady to $324,859. Overall, Burlison is more competitive than a year ago, so tougher for buyers.
Within Tipton County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Covington 38019 (4% sold over asking) or Atoka 38004 (7% sold over asking).
Run the numbers for 38015
Nearby markets
Atoka 38004Buyer’s market $151 /sq ftBrighton 38011Seller’s market $160 /sq ftCovington 38019Balanced $131 /sq ftDrummonds 38023Seller’s market $173 /sq ft Browse all markets →Towns like Burlison nearby
Find towns like Burlison in other states →Where Burlison is
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Questions about Burlison real estate
Is Burlison a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Burlison, TN 38015 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 Burlison?
The typical home went under contract in 16 days in the latest three months.
Do homes in Burlison sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.
What are property taxes in Burlison?
About 0.50% of a home’s value a year in Tipton County, or roughly $2,000 on a $400,000 home.
What is the median home price in Burlison?
The median sale price was $324,859 in the three months ending August 31, 2026, about $188 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