Published November 2, 2026 in Market Update

Farragut stayed tight as inventory fell and homes sold faster

By Pamella Haynes

Real estate, Farragut, TN 37934

Here is the one number that changes what you should do right now. The Real Estate Data Aggregator counted 145 homes for sale in ZIP 37934 in the three months ending August 31, 2026. That is down 15.7% from the same months of 2025. Less supply with more buyers means timing matters more than it did a year ago.

Speed picked up too. The Real Estate Data Aggregator shows that 41.8% of Farragut homes went under contract within two weeks of listing. That share jumped 9.5 points from the same period in 2025. So if you are buying, being ready to move quickly is not optional.

Nationally, the picture looks different. Realtor.com reported that active listings reached 1.16 million homes for sale across the country in September. Farragut is moving in the opposite direction from that national trend.

What sold, how fast, and for how much

The Real Estate Data Aggregator counted 162 homes sold in ZIP 37934, up 20% from the same months of 2025. The median sale price came in at $707,407, up 1.8%. Prices moved up, but only a little. That is honest progress, not a surge.

Homes took a median of 48 days to sell. That is 14 days shorter than a year ago, according to the Real Estate Data Aggregator. Not every home sold fast, though. The median is the middle of the pack. Some took longer.

What sellers are getting at the closing table

The Real Estate Data Aggregator put the average sale-to-list price at 98.1% in the three months ending August 31, 2026. That is down just 0.3 points from a year ago. Sellers are still getting very close to their asking price, but pricing well from the start still matters.

About 16.7% of homes sold above list price, the Real Estate Data Aggregator shows. That is down 2.6 points from a year ago. So multiple-offer situations happen, but they are not guaranteed. Good prep and honest pricing give a home the best chance.

New listings and the bigger rate picture

The Real Estate Data Aggregator counted 174 new listings in ZIP 37934, up 7.4% from a year ago. More sellers are coming to market. But the total number of homes for sale still fell, because buyers are absorbing them quickly.

Mortgage rates are not helping buyers' budgets. Realtor.com noted that rates topped 7% for the first time since January 2025. The Federal Housing Finance Agency reported that U.S. house prices rose 2.4% from August 2025 to August 2026. Farragut's 1.8% price gain sits just below that national pace.

The Federal Housing Finance Agency also reported that U.S. house prices rose 0.3% from the previous month in August, seasonally adjusted. Farragut is moving with the national current, not against it.

Pending sales confirm the demand is real

The Real Estate Data Aggregator counted 165 pending sales in ZIP 37934 for the three months ending August 31, 2026. That is up 0.6% from a year ago. Demand held steady even as supply shrank. That is what kept the market tight.

One last thing. These numbers cover all of ZIP 37934. One street can read very differently from the whole ZIP code. A cul-de-sac near a school or a block closer to the parkway can have its own pace and price. Text me your address and I will look at what is happening right where you are.