Is Summertown a buyer's or seller's market right now?

Summertown is currently a balanced market with 3 months of supply. Homes are selling at 99.1% of list price. The Ridley Sell Score for Summertown is 51/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Summertown?

The median home price in Summertown is $317,500, down 7.3% year-over-year. The median price per square foot is $190. Homes sell in a median of 82 days with a sale-to-list ratio of 99.1%.

How much does it cost to sell a home in Summertown, Tennessee?

On a $317,500 home in Summertown, a traditional listing agent charges around $9,525 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $25,400 or more. With Ridley Essentials ($999) you save $8,526, and with Ridley Pro ($3,499) you save $6,026 while getting full agent support.

How does Ridley's flat fee compare to a traditional Summertown agent?

A traditional Summertown listing agent typically charges 3% of the sale price — about $9,525 on a $317,500 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $8,526–$6,026 compared to a traditional agent.

How long does it take to sell a home in Summertown?

The median home in Summertown currently spends 82 days on the market before going under contract, up 29% from last year. At a 99.1% sale-to-list ratio, sellers are getting very close to or above asking price.

Do I need a real estate agent to sell in Tennessee?

No. Tennessee does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $317,500 home, that could save you up to $6,026.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Tennessee. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $9,525 commission.

National/Tennessee

Summertown, TN

Is Now a Good Time to Sell in Summertown, Tennessee?

The median home in Summertown sells for $317,500 with prices down 7.3% year-over-year. The average seller pays $9,525 in commissions — Ridley’s flat fee saves you $6,026.

Summertown Real Estate Market Conditions — April 2026

51out of 100

Ridley Sell Score

How it's scored →

Moderate

51/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Summertown market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

3 months of supply — near the balanced threshold of 5 months. Tennessee average is 4.4.

Price MomentumFavors buyers

Prices down 7.3% year-over-year — vs. +15.6% statewide.

Seller LeverageNeutral

Homes selling at 99.1% of asking — buyers are negotiating 0.9% below list. Tennessee average is 96.5%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Tennessee average of 16.1%.

Sale SpeedNeutral

82 median days on market — 22 days faster than the Tennessee average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 15.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Tennessee average is 22.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$317,500

-7.3%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

+29%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$190

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

99.1%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Data updated April 2026

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Your savings

How much can you save selling your home in Summertown?

The average Summertown homeowner saves $6,026 by selling with Ridley instead of paying the traditional 3% listing commission on a $317,500 home.

$0Estimated savings

That's 6 months of groceries — save 1.9% of your home value

Your Summertown home value

$317,500

$50,000$10M

Traditional Agent (3%)

$9,525

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Summertown?

The total cost to sell a house in Summertown in 2026 ranges from $999 with Ridley Essentials to approximately $9,525 with a traditional 3% commission on a $317,500 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$9,525	$3,499	$999	$0
Buyer agent	$8,8902.8% avg	$6,350~2% avg	$6,350~2% avg	$8,8902.8% avg
Closing costs (~1.5%)	$4,763	$4,763	$4,763	$4,763
Total cost	$23,178	$14,612	$12,112	$13,653
Net proceeds	$294,322	$302,888	$305,388	$303,847
You save	—	$8,566	$11,066	$9,525No support