Powell, TN

Leaning buyer's-23.8% YoY

Housing market overview · Updated weekly

$345,000median sale price

Homes sold

10

Last 12 weeks

Days on market

79

Average pace

Active listings

45

4.5 months supply

Sale-to-list

96.6%

Below asking

The Powell housing market is currently classified as a leaning buyer's with a median sale price of $345,000. Prices have fallen 23.8% compared to last year, with homes spending an average of 79 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Powell

There are currently 45 homes listed for sale in Powell, Tennessee. The median listing price is $350K.

Active listings

45

Homes on market

Median list price

$350K

Avg. days on market

79

Days until sale

New this week

19

Newly listed

Price drops:20.0%of listings
Sale-to-list:96.6%

Explore nearby cities in TN

Frequently asked questions

What is the average home price in Powell?

The median home sale price in Powell is $345,000, down 23.8% from last year.

How long do homes stay on market in Powell?

Homes typically spend 79 days on market before going under contract.

Is Powell a buyer's or seller's market?

With 4.5 months of supply, Powell is currently a leaning buyer's.

Get Powell market alerts

Weekly updates on prices, inventory, and trends. Free forever.