Market Intelligence · TN / Powell

Powell, TN 37849 Housing Market

The typical home value in Powell is $360,028, up 2.5% over the past year. The median list price sits at $391,356, with homes spending a median of 60 days on the market as of September 2026.

Updated September 2026Median value$360K

The median home value in Powell, TN 37849 is $360K as of September 2026, up 2.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 37849 range

$331K to $389K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.5% over 12 months

Sep 2025$351K

Low $351KHigh $360K

Sep 2026$360K

The numbers

What is the 37849 housing market like?

As of September 2026

Typical home value

$360K

2.5%YoY

Median list price

$391K

2.1%MoM

Days on market

13.2%MoM

Homes for sale

4.8%MoM

Price cuts

32.2%

34.4%MoM

New listings

38.5%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

37849 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37849 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 37849 rose 2.5%, per the Zillow Home Value Index.

Will home prices drop in 37849?

Zillow's forecast does not call for a drop: it expects typical home values in 37849 to rise 2.0% by September 2027, after a 2.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 37849 home prices compare?

37849$360,028
Powell$360,028
Tennessee$265,881
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Powell: 1 ZIP; Tennessee: 587 ZIPs; United States: 26,262 ZIPs).

Context

Powell's market is showing measured activity. There are 80 homes for sale, with 32 new listings added recently. However, the pace is deliberate: homes take 60 days to sell on average. The concerning signal is that 32.2% of listings have seen a price cut, suggesting sellers are adjusting expectations downward. For someone considering a sale, this is a buyer's market where pricing competitively from the start matters more than holding firm.

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Down payment20% · $72,006

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Common questions

What people ask us.

What is a typical home worth in Powell, TN 37849?

The typical home value is $360,028, which represents a 2.5% increase over the past year as of September 2026.

How many homes are currently for sale in Powell?

There are 80 homes for sale as of September 2026, with 32 new listings recently added to the market.

How long do homes typically stay on the market in Powell?

Homes spend a median of 60 days on the market in Powell as of September 2026.

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Nearby ZIP markets.

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