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Featured local agent — Powell, TN
Sarah Mitchell
Compass Real Estate · Powell, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Powell, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$390,000median sale price
How is the Powell, TN housing market right now?
The median home sale price in Powell, TN is $390,000, up 9.6% year-over-year. Homes sell in an average of 70 days with 68 active listings. The market is currently a leaning buyer's. (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 Powell a buyer's or seller's market?
Powell, TN is currently a leaning buyer's, based on 4.5 months of supply and homes selling in about 70 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
70
Average pace
Active listings
68
4.5 months supply
Sale-to-list
97.1%
Below asking
What does the Powell housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $390,000 |
| Median list price | $392,450 |
| Year-over-year price change | +9.6% |
| Average days on market | 70 days |
| Active inventory | 68 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 97.1% |
| Median price per sq ft | $216/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 28 |
| Listings with a price cut | 26.5% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Powell by property type?
How the Powell, 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 | $414,500 | $206/sq ft | 10 | 63 days |
| Condo / Co-op | $237,950 | $227/sq ft | 4 | 63 days |
| Townhouse | $275,000 | $199/sq ft | 1 | 71 days |
Source: Redfin · Updated monthly
The Powell housing market is currently classified as a leaning buyer's with a median sale price of $390,000. Prices have risen 9.6% compared to last year, with homes spending an average of 70 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.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Powell
There are currently 68 homes listed for sale in Powell, Tennessee. The median listing price is $392K.
Active listings
68
Homes on market
Median list price
$392K
Avg. days on market
70
Days until sale
New this week
28
Newly listed
Who lives in Powell?
Population
13,544
Median income
$85,281/yr
Median age
37.6 years
Owner-occupied
76.9%
College grads
30.7%
Avg commute
24 min
Source: U.S. Census Bureau ACS
What are homes worth in Powell?
Zillow home value
$366,753
Zillow rent index
$2,075/mo
Price-to-rent ratio
14.7x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Powell?
Powell is a community of approximately 14K residents with a median age of 37.6 years.The median household income is $85,281, which reflects a relatively affluent area with strong earning potential. 30.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 76.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Powell offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Powell?
5 schools tracked · 3,888 students
The largest public schools serving Powell, 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.
Powell High School
Grades 9-12 · 1,292 students
Powell Elementary
Grades PK-5 · 842 students
Powell Middle School
Grades 6-8 · 797 students
Copper Ridge Elementary
Grades PK-5 · 508 students
Claxton Elementary
Grades PK-5 · 449 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 Powell, TN?
Want a head-to-head view? Compare Powell side-by-side with any other U.S. city using our market-comparison tool.
Is Powell a good real estate investment market?
For investors evaluating Powell, the price-to-rent ratio of 14.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 9.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Powell's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Powell's median home price.
Frequently asked questions
What is the average home price in Powell?
The median home sale price in Powell is $390,000, up 9.6% from last year.
How long do homes stay on market in Powell?
Homes typically spend 70 days on market before going under contract.
What is the median income in Powell?
The median household income is $85,281 per year.
Is Powell a buyer's or seller's market?
With 4.5 months of supply, Powell is currently a leaning buyer's.
What is the Zillow home value estimate for Powell?
The Zillow Home Value Index (ZHVI) for Powell is $366,753, representing the typical home value in the area.
What is the median condo price in Powell?
The median condo/co-op sale price in Powell, TN is $237,950, compared to $414,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Powell?
The median single-family home price in Powell, TN is $414,500 (about $206 per square foot).
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