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Featured local agent — Pegram, TN
Sarah Mitchell
Compass Real Estate · Pegram, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pegram, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$480,000median sale price
How is the Pegram, TN housing market right now?
The median home sale price in Pegram, TN is $480,000, up 6.7% year-over-year. Homes sell in an average of 79 days with 13 active listings. The market is currently a balanced 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 Pegram a buyer's or seller's market?
Pegram, TN is currently a balanced market, based on 4.3 months of supply and homes selling in about 79 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
79
Average pace
Active listings
13
4.3 months supply
Sale-to-list
100.6%
Above asking
What does the Pegram housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $480,000 |
| Median list price | $469,999 |
| Year-over-year price change | +6.7% |
| Average days on market | 79 days |
| Active inventory | 13 listings |
| Months of supply | 4.3 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $250/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 6 |
| Listings with a price cut | 23.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Pegram by property type?
How the Pegram, 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 | $480,000 | $250/sq ft | 3 | 79 days |
Source: Redfin · Updated monthly
The Pegram housing market is currently classified as a balanced market with a median sale price of $480,000. Prices have risen 6.7% compared to last year, with homes spending an average of 79 days on market, indicating 4.3 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 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Pegram
There are currently 13 homes listed for sale in Pegram, Tennessee. The median listing price is $470K.
Active listings
13
Homes on market
Median list price
$470K
Avg. days on market
79
Days until sale
New this week
6
Newly listed
Who lives in Pegram?
Population
2,216
Median income
$102,396/yr
Median age
46.6 years
Owner-occupied
92.9%
College grads
34.8%
Avg commute
35.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Pegram?
Zillow home value
$450,107
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Pegram?
Pegram is a community of approximately 2K residents with a median age of 46.6 years.The median household income is $102,396, which reflects a relatively affluent area with strong earning potential. 34.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 92.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Pegram offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pegram?
1 schools tracked · 226 students
The largest public schools serving Pegram, 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.
Pegram Elementary Fine Arts Magnet School
Grades PK-4 · 226 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 Pegram, TN?
Want a head-to-head view? Compare Pegram side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Pegram?
The median home sale price in Pegram is $480,000, up 6.7% from last year.
How long do homes stay on market in Pegram?
Homes typically spend 79 days on market before going under contract.
What is the median income in Pegram?
The median household income is $102,396 per year.
Is Pegram a buyer's or seller's market?
With 4.3 months of supply, Pegram is currently a balanced market.
What is the Zillow home value estimate for Pegram?
The Zillow Home Value Index (ZHVI) for Pegram is $450,107, representing the typical home value in the area.
How much does a single-family home cost in Pegram?
The median single-family home price in Pegram, TN is $480,000 (about $250 per square foot).
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