Brokers — List your Company Here
Featured local agent — New Deal, TN
Sarah Mitchell
Compass Real Estate · New Deal, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
New Deal, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$564,900median sale price
How is the New Deal, TN housing market right now?
The median home sale price in New Deal, TN is $564,900, up 92.2% year-over-year. Homes sell in an average of 306 days with 7 active listings. The market is currently a buyer'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 New Deal a buyer's or seller's market?
New Deal, TN is currently a buyer's market, based on 7.0 months of supply and homes selling in about 306 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
306
Average pace
Active listings
7
7.0 months supply
Sale-to-list
100.0%
Above asking
What does the New Deal housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $564,900 |
| Median list price | $687,450 |
| Year-over-year price change | +92.2% |
| Average days on market | 306 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $239/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 28.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in New Deal by property type?
How the New Deal, 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 | $564,900 | $239/sq ft | 1 | 306 days |
Source: Redfin · Updated monthly
The New Deal housing market is currently classified as a buyer's market with a median sale price of $564,900. Prices have risen 92.2% compared to last year, with homes spending an average of 306 days on market, indicating 7.0 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 New Deal
There are currently 7 homes listed for sale in New Deal, Tennessee. The median listing price is $687K.
Active listings
7
Homes on market
Median list price
$687K
Avg. days on market
306
Days until sale
New this week
2
Newly listed
Who lives in New Deal?
Population
214
Median income
$57,250/yr
Median age
60.6 years
Owner-occupied
94.8%
College grads
7.9%
Avg commute
31.3 min
Source: U.S. Census Bureau ACS
What is it like to live in New Deal?
New Deal is a community of approximately 0K residents with a median age of 60.6 years.The median household income is $57,250, which represents a working-class community with solid middle-income opportunities. 7.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 94.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, New Deal offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near New Deal, TN?
Want a head-to-head view? Compare New Deal side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Deal?
The median home sale price in New Deal is $564,900, up 92.2% from last year.
How long do homes stay on market in New Deal?
Homes typically spend 306 days on market before going under contract.
What is the median income in New Deal?
The median household income is $57,250 per year.
Is New Deal a buyer's or seller's market?
With 7.0 months of supply, New Deal is currently a buyer's market.
How much does a single-family home cost in New Deal?
The median single-family home price in New Deal, TN is $564,900 (about $239 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on New Deal, TN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get New Deal market alerts
Weekly updates on prices, inventory, and trends. Free forever.