Farragut, TN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Farragut, TN is $635,000, down 11.8% year-over-year. Homes sell in an average of 107 days with 121 active listings. The market is currently a leaning buyer's.
$635,000median sale price
Is Farragut a buyer's or seller's market?
Farragut, TN is currently a leaning buyer's, based on 4.5 months of supply and homes selling in about 107 days. How we determine this →
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
Farragut, TN market data
| Metric | Value |
|---|---|
| Median sale price | $635,000 |
| Median list price | $775,000 |
| Year-over-year price change | -11.8% |
| Average days on market | 107 days |
| Active inventory | 121 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 98.6% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
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
Homes for sale in Farragut
There are currently 121 homes listed for sale in Farragut, Tennessee. The median listing price is $775K.
Active listings
121
Homes on market
Median list price
$775K
Avg. days on market
107
Days until sale
New this week
37
Newly listed
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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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