Is New Market, TN 37820 a buyer’s or seller’s market?
New Market is a seller’s market. With about 3.9 months of supply and 28% 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 supply3.9Under 4 months = seller’s market
Sold above original list27.8%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$183▼ −8.0% vs. last year
Run the numbers for 37820
Nearby markets
Dandridge 37725Balanced $233 /sq ftJefferson City 37760Seller’s market $184 /sq ftTalbott 37877Seller’s market $190 /sq ftWhite Pine 37890Buyer’s market $197 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology