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Featured local agent — Spurgeon, TN
Sarah Mitchell
Compass Real Estate · Spurgeon, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spurgeon, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$380,000median sale price
How is the Spurgeon, TN housing market right now?
The median home sale price in Spurgeon, TN is $380,000, up 0.7% year-over-year. Homes sell in an average of 60 days with 16 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 Spurgeon a buyer's or seller's market?
Spurgeon, TN is currently a balanced market, based on 2.7 months of supply and homes selling in about 60 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
60
Average pace
Active listings
16
2.7 months supply
Sale-to-list
98.4%
Below asking
What does the Spurgeon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $380,000 |
| Median list price | $292,500 |
| Year-over-year price change | +0.7% |
| Average days on market | 60 days |
| Active inventory | 16 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $180/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 7 |
| Listings with a price cut | 31.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Spurgeon by property type?
How the Spurgeon, 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 | $442,500 | $180/sq ft | 4 | 53 days |
| Condo / Co-op | $373,500 | $176/sq ft | 2 | 60 days |
| Townhouse | $288,400 | $191/sq ft | 1 | 40 days |
Source: Redfin · Updated monthly
The Spurgeon housing market is currently classified as a balanced market with a median sale price of $380,000. Prices have risen 0.7% compared to last year, with homes spending an average of 60 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Spurgeon
There are currently 16 homes listed for sale in Spurgeon, Tennessee. The median listing price is $293K.
Active listings
16
Homes on market
Median list price
$293K
Avg. days on market
60
Days until sale
New this week
7
Newly listed
Who lives in Spurgeon?
Population
3,749
Median income
$66,091/yr
Median age
44.2 years
Owner-occupied
77.3%
College grads
21.0%
Avg commute
20.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Spurgeon?
Spurgeon is a community of approximately 4K residents with a median age of 44.2 years.The median household income is $66,091, which represents a working-class community with solid middle-income opportunities. 21.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Spurgeon offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Spurgeon, TN?
Want a head-to-head view? Compare Spurgeon side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Spurgeon?
The median home sale price in Spurgeon is $380,000, up 0.7% from last year.
How long do homes stay on market in Spurgeon?
Homes typically spend 60 days on market before going under contract.
What is the median income in Spurgeon?
The median household income is $66,091 per year.
Is Spurgeon a buyer's or seller's market?
With 2.7 months of supply, Spurgeon is currently a balanced market.
What is the median condo price in Spurgeon?
The median condo/co-op sale price in Spurgeon, TN is $373,500, compared to $442,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Spurgeon?
The median single-family home price in Spurgeon, TN is $442,500 (about $180 per square foot).
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