Is Leoma, TN 38468 a buyer’s or seller’s market?

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

Leoma 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.

Competition score23/ 100

More competitive than 17% of U.S. ZIP codes, and #205 of 299 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.9Under 4 months = seller’s market

Sold above original list5.6%Share of sales, last 3 months

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

Median days on market46Listing to accepted offer

Median price per sq ft$195▲ +19.8% vs. last year

Run the numbers for 38468

Prefilled for 38468Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38468Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ethridge 38456Buyer’s market $185 /sq ft Five Points 38457Seller’s market $166 /sq ft Lawrenceburg 38464Balanced $170 /sq ft Loretto 38469Seller’s market $163 /sq ft Browse all markets →

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More tools for 38468

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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