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Featured local agent — Oak Grove, TN
Sarah Mitchell
Compass Real Estate · Oak Grove, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oak Grove, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$224,000median sale price
How is the Oak Grove, TN housing market right now?
The median home sale price in Oak Grove, TN is $224,000, down 35.5% year-over-year. Homes sell in an average of 30 days with 18 active listings. The market is currently a strong seller'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 Oak Grove a buyer's or seller's market?
Oak Grove, TN is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
30
Average pace
Active listings
18
2.0 months supply
Sale-to-list
103.9%
Above asking
What does the Oak Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $224,000 |
| Median list price | $447,950 |
| Year-over-year price change | -35.5% |
| Average days on market | 30 days |
| Active inventory | 18 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 103.9% |
| Median price per sq ft | $221/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 6 |
| Listings with a price cut | 16.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oak Grove by property type?
How the Oak Grove, 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 | $224,000 | $221/sq ft | 9 | 30 days |
| Condo / Co-op | $165,000 | $125/sq ft | 1 | 41 days |
| Townhouse | $360,000 | $204/sq ft | 1 | 178 days |
Source: Redfin · Updated monthly
The Oak Grove housing market is currently classified as a strong seller's market with a median sale price of $224,000. Prices have fallen 35.5% compared to last year, with homes spending an average of 30 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Oak Grove
There are currently 18 homes listed for sale in Oak Grove, Tennessee. The median listing price is $448K.
Active listings
18
Homes on market
Median list price
$448K
Avg. days on market
30
Days until sale
New this week
6
Newly listed
Which cities are near Oak Grove, TN?
Want a head-to-head view? Compare Oak Grove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oak Grove?
The median home sale price in Oak Grove is $224,000, down 35.5% from last year.
How long do homes stay on market in Oak Grove?
Homes typically spend 30 days on market before going under contract.
Is Oak Grove a buyer's or seller's market?
With 2.0 months of supply, Oak Grove is currently a strong seller's market.
What is the median condo price in Oak Grove?
The median condo/co-op sale price in Oak Grove, TN is $165,000, compared to $224,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oak Grove?
The median single-family home price in Oak Grove, TN is $224,000 (about $221 per square foot).
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