37389
Tullahoma, Tennessee
Tullahoma 37389 needs watching.
The 37389 ZIP code in Tullahoma, Tennessee has a median sale price of $345K, down N/A year-over-year. Homes spend an average of 203 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37389.
The 37389 ZIP code in Tullahoma shows a stagnant market with a median sale price of $344,900 holding flat year-over-year through February 2025. Market velocity has slowed considerably, with homes averaging 203 days on market—nearly triple the national average. Buyer leverage is evident as zero percent of homes sold above asking price, indicating sellers have lost pricing power and must meet market expectations or sit unsold.
This environment heavily favors patient buyers with conventional financing who can wait out negotiations. The 203-day marketing period gives purchasers time to conduct thorough due diligence without competition pressure, while zero above-list sales create room for below-asking offers. Sellers face difficult conditions and should avoid listing unless relocation or financial circumstances require it. Fix-and-flip investors should exercise caution given the extended holding periods and flat appreciation trajectory.
The PropIQ score of 27 signals significant downside risk, suggesting either price corrections or continued inventory accumulation ahead. With no upward price momentum and severely extended days on market, deterioration in seller sentiment likely continues through spring 2025. Monitor monthly absorption rates and any uptick in distressed sales, as the combination of stagnant prices and slow turnover historically precedes either capitulation pricing or prolonged market malaise.
What is the median home price in 37389 Tullahoma?
The median sale price in 37389 is $345K, down N/A year-over-year as of 2025-02-28.
How long do homes stay on the market in Tullahoma 37389?
Homes in 37389 Tullahoma spend an average of 203 days on market before going under contract.
Is Tullahoma 37389 a good place to invest in real estate?
Folio's PropIQ™ score for 37389 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 37389?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 27 = Caution in 37389 Tullahoma, Tennessee.