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Sarah Mitchell

CNESRESABR

Compass Real Estate · Tullahoma, TN

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

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

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Tullahoma, TN Housing Market & Real Estate

Leaning buyer's+18.9% YoY

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?

Leaning buyer's4.1 months of supply60 avg. days on 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?

Current housing market statistics for Tullahoma, TN
MetricValue
Median sale price$326,840
Median list price$315,000
Year-over-year price change+18.9%
Average days on market60 days
Active inventory164 listings
Months of supply4.1 months
Sale-to-list price ratio97.5%
Median price per sq ft$196/sq ft
Homes sold (latest month)40
New listings (latest month)39
Listings with a price cut17.1%
Market conditionLeaning 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.

Median price, price per square foot, homes sold and days on market by property type in Tullahoma, TN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$332,400$196/sq ft3662 days
Condo / Co-op$355,750$231/sq ft163 days
Townhouse$167,500$156/sq ft252 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

Price drops:17.1%of listings
Sale-to-list:97.5%

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

Public

Robert E Lee Elementary

Grades K-5 · 523 students

Public

East Lincoln Elementary

Grades PK-5 · 472 students

Public

West Middle School

Grades 6-8 · 406 students

Public

East Middle School

Grades 6-8 · 380 students

Public

Jack T Farrar Elementary

Grades PK-5 · 360 students

Public

Bel Aire Elementary

Grades K-5 · 348 students

Public

North Lake Elementary

Grades PK-5 · 235 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 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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