Smyrna, TN
Housing market overview · Updated weekly
$394,999median sale price
Homes sold
49
Last 12 weeks
Days on market
95
Average pace
Active listings
248
5.1 months supply
Sale-to-list
99.1%
Below asking
The Smyrna housing market is currently classified as a buyer's market with a median sale price of $394,999. Prices have fallen 11.2% compared to last year, with homes spending an average of 95 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Smyrna?
The median home sale price in Smyrna is $394,999, down 11.2% from last year.
How long do homes stay on market in Smyrna?
Homes typically spend 95 days on market before going under contract.
Is Smyrna a buyer's or seller's market?
With 5.1 months of supply, Smyrna is currently a buyer's market.
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