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Featured local agent — Tullahoma, TN
Sarah Mitchell
Compass Real Estate · Tullahoma, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tullahoma, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$326,840median sale price
How is the Tullahoma, TN housing market right now?
The median home sale price in Tullahoma, TN is $326,840, up 18.9% year-over-year. Homes sell in an average of 60 days with 164 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 Tullahoma a buyer's or seller's market?
Tullahoma, TN is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 60 days. How we determine this →
Homes sold
40
Last 12 weeks
Days on market
60
Average pace
Active listings
164
4.1 months supply
Sale-to-list
97.5%
Below asking
What does the Tullahoma housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $326,840 |
| Median list price | $315,000 |
| Year-over-year price change | +18.9% |
| Average days on market | 60 days |
| Active inventory | 164 listings |
| Months of supply | 4.1 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $196/sq ft |
| Homes sold (latest month) | 40 |
| New listings (latest month) | 39 |
| Listings with a price cut | 17.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Tullahoma by property type?
How the Tullahoma, 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 | $332,400 | $196/sq ft | 36 | 62 days |
| Condo / Co-op | $355,750 | $231/sq ft | 1 | 63 days |
| Townhouse | $167,500 | $156/sq ft | 2 | 52 days |
Source: Redfin · Updated monthly
The Tullahoma housing market is currently classified as a leaning buyer's with a median sale price of $326,840. Prices have risen 18.9% compared to last year, with homes spending an average of 60 days on market, indicating 4.1 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 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Tullahoma
There are currently 164 homes listed for sale in Tullahoma, Tennessee. The median listing price is $315K.
Active listings
164
Homes on market
Median list price
$315K
Avg. days on market
60
Days until sale
New this week
39
Newly listed
Who lives in Tullahoma?
Population
20,672
Median income
$60,855/yr
Median age
38.6 years
Owner-occupied
64.7%
College grads
27.3%
Avg commute
20.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Tullahoma?
Zillow home value
$298,536
Zillow rent index
$1,573/mo
Price-to-rent ratio
15.8x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Tullahoma?
Tullahoma is a community of approximately 21K residents with a median age of 38.6 years.The median household income is $60,855, which represents a working-class community with solid middle-income opportunities. 27.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.7%, showing a blend of owner and renter-occupied properties. The average commute time is 20.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tullahoma offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Tullahoma?
10 schools tracked · 4,088 students
The largest public schools serving Tullahoma, 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.
Tullahoma High School
Grades 9-12 · 1,108 students
Robert E Lee Elementary
Grades K-5 · 523 students
East Lincoln Elementary
Grades PK-5 · 472 students
West Middle School
Grades 6-8 · 406 students
East Middle School
Grades 6-8 · 380 students
Jack T Farrar Elementary
Grades PK-5 · 360 students
Bel Aire Elementary
Grades K-5 · 348 students
North Lake Elementary
Grades PK-5 · 235 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 Tullahoma, TN?
Want a head-to-head view? Compare Tullahoma side-by-side with any other U.S. city using our market-comparison tool.
Is Tullahoma a good real estate investment market?
For investors evaluating Tullahoma, the price-to-rent ratio of 15.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 18.9% 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 Tullahoma's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Tullahoma's median home price.
Frequently asked questions
What is the average home price in Tullahoma?
The median home sale price in Tullahoma is $326,840, up 18.9% from last year.
How long do homes stay on market in Tullahoma?
Homes typically spend 60 days on market before going under contract.
What is the median income in Tullahoma?
The median household income is $60,855 per year.
Is Tullahoma a buyer's or seller's market?
With 4.1 months of supply, Tullahoma is currently a leaning buyer's.
What is the Zillow home value estimate for Tullahoma?
The Zillow Home Value Index (ZHVI) for Tullahoma is $298,536, representing the typical home value in the area.
What is the median condo price in Tullahoma?
The median condo/co-op sale price in Tullahoma, TN is $355,750, compared to $332,400 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Tullahoma?
The median single-family home price in Tullahoma, TN is $332,400 (about $196 per square foot).
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