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Portland, TN 37148 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Portland, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.27
ActiveActive listings: 4444PendingPending sales: 1212
Portland, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $379k$379kSoldMedian sold price (last 6 months): $325k$325k
What homes actually sell for in Portland, TN
Distribution of 305 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $289k to $400k
$152k to $221k: 14 sales$152k$221k to $289k: 49 sales$289k to $358k: 128 sales128sales$289k$358k to $426k: 37 sales$426k to $495k: 13 sales$426k$495k to $563k: 15 sales$563k to $632k: 13 sales$563k$632k to $700k: 5 salesMedian $325k

What the numbers say

As of September 14, 2026, Resideline is tracking 44 active listings and 12 pending sales in ZIP code 37148. That pending-to-active ratio of 0.27 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $379,499, while the median of the 305 closed sales Resideline tracked over the last six months was $324,990. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 37148 for 57 days.

Frequently asked questions

What is the median home price in 37148?

The median closed sale price in Portland, TN 37148 was $324,990 over the last six months, based on 305 closed sales tracked by Resideline. The middle half of those sales ranged from $289,000 to $400,000.

Is 37148 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 44 active listings in 37148, a pending-to-active ratio of 0.27. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 37148 currently looks like a balanced market.

Nearby ZIP code market data

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