Is Elora, TN 37328 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Elora is a seller’s market. With about 1.9 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.9Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list100.8%Sold price ÷ list price
Median days on market85Listing to accepted offer
Median price per sq ft$189▼ −0.4% vs. last year

Nearby markets

Ardmore 38449Buyer’s market $173 /sq ftDellrose 38453Seller’s market $814 /sq ftFayetteville 37334Balanced $167 /sq ftFlintville 37335Seller’s market $188 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology