Is Lenoir City, TN 37771 a buyer’s or seller’s market?

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

Lenoir City is a seller’s market. With about 3 months of supply and 13% 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 supply3Under 4 months = seller’s market

Sold above original list13%Share of sales, last 3 months

Median sale-to-list98.6%Sold price ÷ list price

Median days on market68Listing to accepted offer

Median price per sq ft$214▲ +0.3% vs. last year

Run the numbers for 37771

Prefilled for 37771Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37771Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Greenback 37742Balanced $269 /sq ft Lenoir City 37772Seller’s market $234 /sq ft Loudon 37774Seller’s market $253 /sq ft Philadelphia 37846Seller’s market $278 /sq ft Browse all markets →

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