Farragut, TN

Leaning buyer's-11.8% YoY

Housing market overview · Updated weekly

$635,000median sale price

Homes sold

27

Last 12 weeks

Days on market

107

Average pace

Active listings

121

4.5 months supply

Sale-to-list

98.6%

Below asking

The Farragut housing market is currently classified as a leaning buyer's with a median sale price of $635,000. Prices have fallen 11.8% compared to last year, with homes spending an average of 107 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Farragut?

The median home sale price in Farragut is $635,000, down 11.8% from last year.

How long do homes stay on market in Farragut?

Homes typically spend 107 days on market before going under contract.

Is Farragut a buyer's or seller's market?

With 4.5 months of supply, Farragut is currently a leaning buyer's.

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