Montgomery County, TN Housing Market Update: August 2026

Key Takeaways Montgomery County was a buyer’s market in August: sales plunged 22.5% year over year to just 357 homes, the sharpest volume decline among the counties tracked this month. At $335,776, the median price dipped less than 1%—but with 5.6 months of supply and homes sitting 60 days, affordability did not translate into urgency. New listings rose 7.9% while demand cratered, pushing months of supply up about 35% and shifting pricing power decisively to buyers. Montgomery County, TN Housing Market Snapshot Median Sale Price Pending Sales Active Listings Days on Market Sold Above List $335,776 (-0.7% YoY) 393 (-10.6% YoY) 2,367 (+0.2% YoY) 60 days (-11 days YoY) 17.2% (+2.3 ppt YoY) Montgomery County’s housing market experienced a sharp demand contraction in August. Sales volume fell more than 22%, the steepest decline among the markets covered this month, even as prices barely moved. The county’s relative affordability—at $335,776, median prices sit well below both the state and national figures—was not enough to counteract a pullback in buyer activity that sent months of supply soaring. For buyers willing to act, the conditions have rarely been more favorable. Learn everythin...