Unshakable ZIP Data 37840 | Oliver Springs, TN Housing Market
Oliver Springs · Morgan County · Knoxville, TN metro · Tennessee · Data updated June 19, 2026
The median sale price in ZIP 37840, Oliver Springs, Tennessee is $297,412 at $186 per square foot. 19 single-family homes sold in the latest period, down 28.7 percent from a year earlier. Homes sit a median of 68 days on market with 3.0 months of supply. Sellers are getting 94.5 percent of list price and 16.7 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $248,605 | |
| Average price per sq ft | $156 | |
| Median sale price | $297,412 | |
| Median sale price per sq ft | $186 | |
| Median home size | 1,595 sq ft | |
| Median new listing price | $366,765 | +12.8% |
| National size rank | 9,486 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 19 | -28.7% |
| Median days on market | 68 days | |
| Months of supply | 3.0 months | |
| New listings | 18 | -32.3% |
| Active listings | 38 | -24.5% |
| Pending sales | 20 | -34.6% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 94.5% | -3.1 pts |
| Share sold above list | 16.7% | +9.0 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
3-bedroom
$286,957
4-bedroom
$366,013
These figures describe the single-family market for Oliver Springs, Tennessee ZIP 37840. They are market context, not a substitute for sold comps or a formal appraisal.