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Featured local agent — Sewanee, TN

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Sewanee, TN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Sewanee, TN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Sewanee, TN Housing Market & Real Estate

Balanced market+50.5% YoY

Housing market overview · Updated monthly ·

$715,000median sale price

How is the Sewanee, TN housing market right now?

The median home sale price in Sewanee, TN is $715,000, up 50.5% year-over-year with 4 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 Sewanee a buyer's or seller's market?

Balanced market4.0 months of supply

Sewanee, TN is currently a balanced market, based on 4.0 months of supply. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

Average pace

Active listings

4

4.0 months supply

Sale-to-list

100.0%

Above asking

What does the Sewanee housing market data show?

Current housing market statistics for Sewanee, TN
MetricValue
Median sale price$715,000
Year-over-year price change+50.5%
Active inventory4 listings
Months of supply4.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$197/sq ft
Homes sold (latest month)1
Listings with a price cut25.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Sewanee by property type?

How the Sewanee, TN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Sewanee, TN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$715,000$197/sq ft1

Source: Redfin · Updated monthly

The Sewanee housing market is currently classified as a balanced market with a median sale price of $715,000. Prices have risen 50.5% compared to last year, indicating 4.0 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 3.5x provides context for how home values compare to local earning capacity.

Homes for sale in Sewanee

There are currently 4 homes listed for sale in Sewanee, Tennessee.

Active listings

4

Homes on market

Price drops:25.0%of listings
Sale-to-list:100.0%

Who lives in Sewanee?

Population

3,000

Median income

$128,295/yr

Median age

21.7 years

Owner-occupied

80.2%

College grads

79.8%

Avg commute

14.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Sewanee?

Zillow home value

$445,521

Price-to-income

3.5x

Source: Zillow Research

What is it like to live in Sewanee?

Sewanee is a community of approximately 3K residents with a median age of 21.7 years.The median household income is $128,295, which reflects a relatively affluent area with strong earning potential. 79.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 80.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 14.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sewanee offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Sewanee?

1 schools tracked · 169 students

The largest public schools serving Sewanee, 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.

Sewanee Elementary

Grades PK-5 · 169 students

Public

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 Sewanee, TN?

Want a head-to-head view? Compare Sewanee side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Sewanee?

The median home sale price in Sewanee is $715,000, up 50.5% from last year.

What is the median income in Sewanee?

The median household income is $128,295 per year.

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

With 4.0 months of supply, Sewanee is currently a balanced market.

What is the Zillow home value estimate for Sewanee?

The Zillow Home Value Index (ZHVI) for Sewanee is $445,521, representing the typical home value in the area.

How much does a single-family home cost in Sewanee?

The median single-family home price in Sewanee, TN is $715,000 (about $197 per square foot).

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