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Portland, TN 37148 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Portland, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 5050PendingPending sales: 55
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): $360k$360kSoldMedian sold price (last 6 months): $329k$329k
What homes actually sell for in Portland, TN
Distribution of 294 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $286k to $400k
$135k to $205k: 16 sales$135k$205k to $275k: 32 sales$275k to $345k: 113 sales113sales$275k$345k to $415k: 52 sales$415k to $486k: 19 sales$415k$486k to $556k: 15 sales$556k to $626k: 12 sales$556k$626k to $696k: 6 salesMedian $329k

What the numbers say

As of October 26, 2026, Resideline is tracking 50 active listings and 5 pending sales in ZIP code 37148. That pending-to-active ratio of 0.10 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $359,950, while the median of the 294 closed sales Resideline tracked over the last six months was $329,000. 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 82 days.

Frequently asked questions

What is the median home price in 37148?

The median closed sale price in Portland, TN 37148 was $329,000 over the last six months, based on 294 closed sales tracked by Resideline. The middle half of those sales ranged from $286,000 to $400,000.

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

Resideline is currently tracking 5 pending sales against 50 active listings in 37148, a pending-to-active ratio of 0.10. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 37148 is currently a typical-pace market.

Nearby ZIP code market data

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