Is Ardmore, TN 38449 a buyer’s or seller’s market?
Ardmore is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Ardmore housing market right now
In the three months ending August 31, 2026, 25% of homes in Ardmore, TN 38449 sold above their list price, the typical home went under contract in 85 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 20%, homes sold more slowly (43 days then) and the median sale price rose 32% to $252,391. Overall, Ardmore is less competitive than a year ago, which gives buyers more room.
Within Lincoln County, homes here sell faster than in 50% 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 Taft 38488 (0% sold over asking) or Frankewing 38459 (0% sold over asking).
Run the numbers for 38449
Nearby markets
Dellrose 38453Seller’s market $814 /sq ftElora 37328Seller’s market $189 /sq ftFayetteville 37334Balanced $167 /sq ftFlintville 37335Seller’s market $188 /sq ft Browse all markets →Towns like Ardmore nearby
Find towns like Ardmore in other states →Where Ardmore is
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Questions about Ardmore real estate
Is Ardmore a buyer’s or seller’s market?
A buyer’s market: there were 8.8 months of supply in Ardmore, TN 38449 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 Ardmore?
The typical home went under contract in 85 days in the latest three months.
Do homes in Ardmore sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Ardmore?
About 0.45% of a home’s value a year in Lincoln County, or roughly $1,800 on a $400,000 home.
What is the median home price in Ardmore?
The median sale price was $252,391 in the three months ending August 31, 2026, about $173 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