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Powell, TN 37849 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Powell, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 4242PendingPending sales: 55
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): $350k$350kSoldMedian sold price (last 6 months): $386k$386k
What homes actually sell for in Powell, TN
Distribution of 290 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $295k to $450k
$155k to $215k: 9 sales$155k$215k to $276k: 38 sales$276k to $336k: 36 sales$276k$336k to $397k: 60 sales$397k to $457k: 66 sales66sales$397k$457k to $517k: 23 sales$517k to $578k: 20 sales$517k$578k to $638k: 10 salesMedian $386k

What the numbers say

As of October 26, 2026, Resideline is tracking 42 active listings and 5 pending sales in ZIP code 37849. That pending-to-active ratio of 0.12 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 $349,950, while the median of the 290 closed sales Resideline tracked over the last six months was $386,500. 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 76 days.

Frequently asked questions

What is the median home price in 37849?

The median closed sale price in Powell, TN 37849 was $386,500 over the last six months, based on 290 closed sales tracked by Resideline. The middle half of those sales ranged from $295,000 to $449,900.

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

Resideline is currently tracking 5 pending sales against 42 active listings in 37849, a pending-to-active ratio of 0.12. 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, 37849 is currently a typical-pace market.

Nearby ZIP code market data

Full Powell, TN housing market report →

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