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RUTLEDGE, TN 37861

Real Estate Market Report  ·  Grainger County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The RUTLEDGE, TN real estate market (37861) currently shows 40 active listings, with 14 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 49 days on market compared to 68 days last year.

The median listing price has risen 23% year-over-year, from $472,500 to $581,100.

Whether you are buying or selling in RUTLEDGE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 8,256  ·  Density: 32.3/mi²  ·  Median household income: $47,326

Typical home value: $153,437  ·  Homeownership: 80.7%

Market Overview

Active Listings
40
vs 40 last year
Pending
14
35% pending ratio
Median Price
$581,100
⇧ 23% vs $472,500 last year
Average Price
$568,909
⇧ 6.4% vs $534,743 last year
Days on Market
49
⇩ 27.9% vs 68 days last year

Price Per Square Foot

Median $/sqft
$235
⇩ 1.3% vs $238/sqft last year
Median Home Size
2,392 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 49 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $581,100 (+23% YoY)
  • Average: $568,909 (+6.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.6 miles — 586 listings ($354,285,813 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37861Rutledge, TN 378610.0 mi32$16,101,184$465,000$503,162
37877Talbott, TN 378778.9 mi51$33,963,552$373,652$665,952
37709Blaine, TN 3770910.0 mi17$13,925,788$709,925$819,164
37708Bean Station, TN 3770811.3 mi34$16,193,418$432,400$476,277
37779Luttrell, TN 3777913.8 mi10$3,840,830$412,400$384,083
37813Morristown, TN 3781314.7 mi68$23,595,932$287,825$346,999
37806Mascot, TN 3780616.0 mi13$4,272,268$303,125$328,636
37879Tazewell, TN 3787916.6 mi41$28,920,949$292,425$705,389
37807Maynardville, TN 3780717.5 mi32$20,006,912$382,450$625,216
37725Dandridge, TN 3772518.3 mi135$95,827,590$567,375$709,834
37860Russellville, TN 3786018.4 mi17$11,750,502$432,425$691,206
37866Sharps Chapel, TN 3786620.1 mi24$18,491,784$714,900$770,491
37924Knoxville, TN 3792421.6 mi112$67,395,104$359,950$601,742

Frequently Asked Questions

How many homes are for sale in RUTLEDGE, TN 37861?

As of March 2026, there are 40 active listings in RUTLEDGE, TN (zip code 37861), compared to 40 the prior year.

What is the median home price in RUTLEDGE, TN 37861?

The median listing price in RUTLEDGE, TN 37861 is $581,100 as of March 2026, a 23% increase from $472,500 the prior year.

How long do homes stay on the market in RUTLEDGE, TN?

Homes in RUTLEDGE, TN 37861 spend an average of 49 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in RUTLEDGE, TN 37861?

Based on current inventory and days-on-market data as of March 2026, RUTLEDGE, TN 37861 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 49 days on market compared to 68 days last year.

How much can I save on real estate commission in RUTLEDGE, TN?

With SELL123.com's maximum 3% commission, sellers in RUTLEDGE, TN 37861 save an estimated $11,622 compared to a typical 5% commission on the median listing price of $581,100. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.