Housing in Powell, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$380,000

Median List Price

$334,900

Price Per Sq Ft

$209

Days on Market

61

Active Inventory

39

Months of Supply

2.1

Seller's market

Zillow Home Value

$350,327

ZHVI — January 2026

Zillow Rent Index

$1,846

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.4%List Price 10.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.8%

Off Market in 2 Weeks

35.7%

Sale-to-List Ratio

99.0%

Buyer's market

Sold Above Asking
15.8%
Under Contract in 2 Wks
35.7%
Listings with Price Drops
28.2%

Market Activity

Source: Redfin

Homes Sold

19

New Listings

25

Pending Sales

14

Homes Sold 13.6%New Listings 31.6%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$209

Median List $/SF

$181

Sale $/SF 2.3%List $/SF 6.2%Mar 24Jan 26

Powell vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Powell is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$264,500

Median Rent

$1,153

Total Housing Units

5,362

Vacancy Rate

6.6%

Owner Occupied

76.9%

Renter Occupied

23.1%

Median Property Tax

$1,059

per year

Monthly Cost (w/ Mortgage)

$1,114

Housing Types

Single Family
82.1%
Multi-Family
12.2%
Mobile Home
5.7%

The current median sale price in Powell, TN is $380,000 according to Redfin data. Homes spend a median of 61 days on the market. 15.8% of homes sold above asking price. The market has 2.1 months of supply. The median price per square foot is $209. Zillow's observed rent index is $1,846/month. About 76.9% of housing units are owner-occupied. The median year homes were built is 1991. There are 5,362 total housing units.