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Featured local agent — Leoma, TN
Sarah Mitchell
Compass Real Estate · Leoma, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Leoma, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$560,000median sale price
How is the Leoma, TN housing market right now?
The median home sale price in Leoma, TN is $560,000. Homes sell in an average of 234 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Leoma a buyer's or seller's market?
Leoma, TN is currently a seller's market, based on 1.0 months of supply and homes selling in about 234 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
234
Average pace
Active listings
1
1.0 months supply
Sale-to-list
98.3%
Below asking
What does the Leoma housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $560,000 |
| Average days on market | 234 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $121/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Leoma by property type?
How the Leoma, 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 | $560,000 | $121/sq ft | 1 | 234 days |
Source: Redfin · Updated monthly
The Leoma housing market is currently classified as a seller's market with a median sale price of $560,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 234 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Leoma
There are currently 1 homes listed for sale in Leoma, Tennessee.
Active listings
1
Homes on market
Avg. days on market
234
Days until sale
Who lives in Leoma?
Population
342
Median income
$59,926/yr
Median age
49.2 years
Owner-occupied
89.7%
College grads
11.6%
Avg commute
12.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Leoma?
Zillow home value
$272,718
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Leoma?
Leoma is a community of approximately 0K residents with a median age of 49.2 years.The median household income is $59,926, which represents a working-class community with solid middle-income opportunities. 11.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 12.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Leoma offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Leoma?
1 schools tracked · 594 students
The largest public schools serving Leoma, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Leoma Elementary
Grades PK-8 · 594 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Leoma, TN?
Want a head-to-head view? Compare Leoma side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Leoma?
The median home sale price in Leoma is $560,000, down 0.0% from last year.
How long do homes stay on market in Leoma?
Homes typically spend 234 days on market before going under contract.
What is the median income in Leoma?
The median household income is $59,926 per year.
Is Leoma a buyer's or seller's market?
With 1.0 months of supply, Leoma is currently a seller's market.
What is the Zillow home value estimate for Leoma?
The Zillow Home Value Index (ZHVI) for Leoma is $272,718, representing the typical home value in the area.
How much does a single-family home cost in Leoma?
The median single-family home price in Leoma, TN is $560,000 (about $121 per square foot).
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