Lake Tansi, TN

Buyer's market-36.3% YoY

Housing market overview · Updated weekly

$331,250median sale price

Homes sold

6

Last 12 weeks

Days on market

73

Average pace

Active listings

53

8.8 months supply

Sale-to-list

97.5%

Below asking

The Lake Tansi housing market is currently classified as a buyer's market with a median sale price of $331,250. Prices have fallen 36.3% compared to last year, with homes spending an average of 73 days on market, indicating 8.8 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 Lake Tansi

There are currently 53 homes listed for sale in Lake Tansi, Tennessee. The median listing price is $373K.

Active listings

53

Homes on market

Median list price

$373K

Avg. days on market

73

Days until sale

New this week

14

Newly listed

Price drops:20.8%of listings
Sale-to-list:97.5%

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Frequently asked questions

What is the average home price in Lake Tansi?

The median home sale price in Lake Tansi is $331,250, down 36.3% from last year.

How long do homes stay on market in Lake Tansi?

Homes typically spend 73 days on market before going under contract.

Is Lake Tansi a buyer's or seller's market?

With 8.8 months of supply, Lake Tansi is currently a buyer's market.

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