Is Summertown, TN 38483 a buyer’s or seller’s market?

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

Summertown is a buyer’s market. With about 9.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.4Under 4 months = seller’s market
Sold above original list6.3%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$228▲ +1.9% vs. last year

Nearby markets

Ethridge 38456Buyer’s market $185 /sq ftFive Points 38457Seller’s market $166 /sq ftLawrenceburg 38464Balanced $170 /sq ftLeoma 38468Balanced $195 /sq ft Browse all markets →

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