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Powell, TN 37849 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Powell, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.24
ActiveActive listings: 3333PendingPending sales: 88
Powell, 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): $300k$300kSoldMedian sold price (last 6 months): $385k$385k
What homes actually sell for in Powell, TN
Distribution of 324 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $305k to $450k
$189k to $251k: 38 sales$189k$251k to $313k: 33 sales$313k to $375k: 62 sales$313k$375k to $437k: 82 sales82sales$437k to $499k: 31 sales$437k$499k to $561k: 27 sales$561k to $623k: 10 sales$561k$623k to $685k: 8 salesMedian $385k

What the numbers say

As of September 14, 2026, Resideline is tracking 33 active listings and 8 pending sales in ZIP code 37849. That pending-to-active ratio of 0.24 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,900, while the median of the 324 closed sales Resideline tracked over the last six months was $385,000. 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 37849 for 70 days.

Frequently asked questions

What is the median home price in 37849?

The median closed sale price in Powell, TN 37849 was $385,000 over the last six months, based on 324 closed sales tracked by Resideline. The middle half of those sales ranged from $305,000 to $449,900.

Is 37849 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 33 active listings in 37849, a pending-to-active ratio of 0.24. 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, 37849 currently looks like a balanced market.

Nearby ZIP code market data

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