Is Santa Fe, TN 38482 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Santa Fe is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.9Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market81Listing to accepted offer
Median price per sq ft$263▼ −3.0% vs. last year

The Santa Fe housing market right now

In the three months ending August 31, 2026, 17% of homes in Santa Fe, TN 38482 sold above their list price, the typical home went under contract in 81 days and there were 5.9 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 fell from 40%, homes sold more slowly (74 days then) and the median sale price fell 28% to $408,823. Overall, Santa Fe is less competitive than a year ago, which gives buyers more room.

Within Maury County, homes here sell more slowly than in 60% 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 Williamsport 38487 (0% sold over asking) or Mount Pleasant 38474 (6% sold over asking).

Nearby markets

Columbia 38401Balanced $204 /sq ftCulleoka 38451Buyer’s market $281 /sq ftMount Pleasant 38474Balanced $223 /sq ftSpring Hill 37174Balanced $236 /sq ft Browse all markets →

Where Santa Fe is

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Questions about Santa Fe real estate

Is Santa Fe a buyer’s or seller’s market?

A balanced market: there were 5.9 months of supply in Santa Fe, TN 38482 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 Santa Fe?

The typical home went under contract in 81 days in the latest three months.

Do homes in Santa Fe sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Santa Fe?

About 0.45% of a home’s value a year in Maury County, or roughly $1,800 on a $400,000 home.

What is the median home price in Santa Fe?

The median sale price was $408,823 in the three months ending August 31, 2026, about $263 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