Metropolitan market · Tennessee · September 2026 data

What is the Tullahoma, TN real estate market doing?

As of September 2026, the median home listed in Tullahoma, TN asks $374,033, down 2.1% year over year. Homes spend a median of 64 days on market, with 337 active listings and 21% carrying a price cut; pending contracts equal 33% of active listings, and inventory sits at 183% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.

Median listing price
$374,033
▼ 2.1% YoY
Median $ / sq ft
$212
1,871 sq ft median
Median days on market
64
September 2026
Active listings
337
For sale now
New listings
94
September 2026
Listings with price cuts
21%
Share of active
Inventory vs 2019
183%
Same month, 2019 = 100
Pending / active
33%
Contract activity
Median sale price (closed)
$360,000
▲ 8.0% YoY · closed sales · July 2026
Sale-to-list ratio
96.8%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
156
Closed sales · July 2026, seasonally adjusted

What is the Tullahoma, TN housing market doing right now?

The Tullahoma, TN housing market lists at a $374,033 median as of September 2026, down 2.1% year over year, with a 64-day median market time and 337 homes for sale (21% with a price cut). Active inventory is 183% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.

Tullahoma housing market statistics

The table summarizes Tullahoma's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Tullahoma.

Tullahoma, TN housing market at a glance — September 2026
MetricLatestDetail
Median listing price$374,033-2.1% YoY
Median price per sq ft$2121,871 sq ft median
Median days on market64-4% YoY
Active listings337+2% YoY
New listings this month94September 2026
Listings with a price cut21%Share of active
Median sale price (closed)$360,000+8.0% YoY · closed sales, July 2026
Sale-to-list ratio96.8%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio32.5%110 pending
Inventory vs 2019183%Active listings vs same month in 2019

How have home prices changed in Tullahoma?

Tullahoma home prices are down 2.1% year over year and +1.3% month over month as of September 2026, at a $374,033 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$399K$391K$383K$374K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Tullahoma TN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$412K$370K$327K$284K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Tullahoma TN · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Tullahoma?

Tullahoma has 337 active listings, 94 new this month, 110 pending as of September 2026. About 21% of active listings have cut their price, and inventory sits at 183% of its 2019 level — a buyer's market by pace.

Active listings
337
New this month
94
Pending
110
Price-reduced
71

Is Tullahoma a good real estate investment?

Tullahoma scores 29/100 on WealthyBud's composite Investor Score, ranking #833 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
29/100
#833 of 933 covered metros
12-month outlook
-2.9%
▼ Cooling · model output, not advice
Momentum
59
Value
25
Rental yield
14
Supply risk
96
Market heat
39

Tullahoma scores 29/100 on our composite Investor Score (#833 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 183% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 2.1% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Tullahoma ranks on the trending markets index.

How much is a monthly mortgage payment in Tullahoma?

A home at Tullahoma's $374,033 median listing runs about $2,047 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,848/mo
−$199/mo vs today
At today's rate · 7.28%
$2,047/mo
National weekly average
If rates rise 1% · 8.28%
$2,254/mo
+$207/mo vs today

Principal & interest on the $374,033 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Tullahoma?

To buy Tullahoma’s $374,033 median listing with 20% down, a household needs about $96,000 a year in gross income, keeping principal, interest and property tax ($2,231/mo) at 28% of income. That is 1.6× the area’s $61,256 median household income, so a typical Tullahoma household cannot afford the median listing on these terms.

Income needed to buy the median home in Tullahoma, TN — September 2026
ItemAmountBasis
Median listing price$374,033September 2026
Down payment (20%)$74,807Assumption
Principal & interest (7.28%, 30-yr fixed)$2,047/moRate as of 2026-10-01
Property tax (0.59% effective rate)$184/moCensus ACS
Income needed (28% rule)$96,000Gross household income / yr
Median household income$61,256Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Tullahoma housing market?

Longer-run demand in Tullahoma shows up in 552 homes permitted in 2025; net migration of +557 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
552
▲ 31.4% vs 2024
8.4 per 1,000 residents
Net migration (2022–2023)
+557
▲ people, via tax-return records
net income flow +$10.3M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Tullahoma housing market FAQ

What is the median home price in Tullahoma?
As of September 2026, the median listing price in Tullahoma, TN is $374,033, down 2.1% year over year (source: public records and industry data). Figures cover the Tullahoma-Manchester, TN metro area.
How much does it cost to buy a home in Tullahoma?
The median home listed in Tullahoma asks $374,033 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,047 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Tullahoma?
The median property in Tullahoma spends 64 days on the market, with 337 homes actively listed and 21% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Tullahoma?
With a median 64 days on market and 21% of active listings carrying a price cut, pending contracts at 33% of active listings, Tullahoma reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Tullahoma a good place to invest in real estate?
Tullahoma scores 29/100 on WealthyBud's Investor Score, ranking #833 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Tullahoma?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Tullahoma and the wider Tennessee market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Tullahoma-Manchester, TN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Tennessee housing markets

Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.