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Featured local agent — Lake Tansi, TN
Sarah Mitchell
Compass Real Estate · Lake Tansi, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Tansi, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$307,500median sale price
How is the Lake Tansi, TN housing market right now?
The median home sale price in Lake Tansi, TN is $307,500, down 0.7% year-over-year. Homes sell in an average of 56 days with 63 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Tansi a buyer's or seller's market?
Lake Tansi, TN is currently a buyer's market, based on 5.7 months of supply and homes selling in about 56 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
56
Average pace
Active listings
63
5.7 months supply
Sale-to-list
97.1%
Below asking
What does the Lake Tansi housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $307,500 |
| Median list price | $350,000 |
| Year-over-year price change | -0.7% |
| Average days on market | 56 days |
| Active inventory | 63 listings |
| Months of supply | 5.7 months |
| Sale-to-list price ratio | 97.1% |
| Median price per sq ft | $204/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 14 |
| Listings with a price cut | 28.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Tansi by property type?
How the Lake Tansi, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $400,000 | $226/sq ft | 9 | 56 days |
| Condo / Co-op | $259,900 | $193/sq ft | 1 | 37 days |
| Townhouse | $225,000 | $106/sq ft | 1 | 80 days |
Source: Redfin · Updated monthly
The Lake Tansi housing market is currently classified as a buyer's market with a median sale price of $307,500. Prices have fallen 0.7% compared to last year, with homes spending an average of 56 days on market, indicating 5.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Lake Tansi
There are currently 63 homes listed for sale in Lake Tansi, Tennessee. The median listing price is $350K.
Active listings
63
Homes on market
Median list price
$350K
Avg. days on market
56
Days until sale
New this week
14
Newly listed
Who lives in Lake Tansi?
Population
4,562
Median income
$56,078/yr
Median age
59.2 years
Owner-occupied
93.1%
College grads
18.7%
Avg commute
24.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Tansi?
Lake Tansi is a community of approximately 5K residents with a median age of 59.2 years.The median household income is $56,078, which represents a working-class community with solid middle-income opportunities. 18.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 93.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Tansi offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Tansi, TN?
Want a head-to-head view? Compare Lake Tansi side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Tansi?
The median home sale price in Lake Tansi is $307,500, down 0.7% from last year.
How long do homes stay on market in Lake Tansi?
Homes typically spend 56 days on market before going under contract.
What is the median income in Lake Tansi?
The median household income is $56,078 per year.
Is Lake Tansi a buyer's or seller's market?
With 5.7 months of supply, Lake Tansi is currently a buyer's market.
What is the median condo price in Lake Tansi?
The median condo/co-op sale price in Lake Tansi, TN is $259,900, compared to $400,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Tansi?
The median single-family home price in Lake Tansi, TN is $400,000 (about $226 per square foot).
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