Fairfield Glade, TN Housing Market & Real Estate

Buyer's market-15.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Fairfield Glade, TN is $328,000, down 15.3% year-over-year. Homes sell in an average of 209 days with 199 active listings. The market is currently a buyer's market.

$328,000median sale price

Is Fairfield Glade a buyer's or seller's market?

Buyer's market10.0 months of supply209 avg. days on market

Fairfield Glade, TN is currently a buyer's market, based on 10.0 months of supply and homes selling in about 209 days. How we determine this →

Homes sold

20

Last 12 weeks

Days on market

209

Average pace

Active listings

199

10.0 months supply

Sale-to-list

95.3%

Below asking

Fairfield Glade, TN market data

Current housing market statistics for Fairfield Glade, TN
MetricValue
Median sale price$328,000
Median list price$480,000
Year-over-year price change-15.3%
Average days on market209 days
Active inventory199 listings
Months of supply10.0 months
Sale-to-list price ratio95.3%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Fairfield Glade housing market is currently classified as a buyer's market with a median sale price of $328,000. Prices have fallen 15.3% compared to last year, with homes spending an average of 209 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Fairfield Glade

There are currently 199 homes listed for sale in Fairfield Glade, Tennessee. The median listing price is $480K.

Active listings

199

Homes on market

Median list price

$480K

Avg. days on market

209

Days until sale

New this week

35

Newly listed

Price drops:21.1%of listings
Sale-to-list:95.3%

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Frequently asked questions

What is the average home price in Fairfield Glade?

The median home sale price in Fairfield Glade is $328,000, down 15.3% from last year.

How long do homes stay on market in Fairfield Glade?

Homes typically spend 209 days on market before going under contract.

Is Fairfield Glade a buyer's or seller's market?

With 10.0 months of supply, Fairfield Glade is currently a buyer's market.

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