37748 — Roane County, Tennessee Market Snapshot
Housing market data for zip code 37748 in Roane County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
62 sales in 2026 (year to date)
Median Sale Price
$289,185
Days to Sell
70
Homes Sold
62
Inventory
87
Sale-to-List
98.0%
New Listings
100
Price/SqFt
$184
Pending Sales
90
Conforming Loan Available
Most homebuyers in 37748 can comfortably use conventional financing. The median home price of $289,185 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 70 days on average, 37748 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 37748 sells for 2.0% below asking price (98.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 37748 can comfortably use conventional financing. The median home price of $289,185 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 37748 are set at the county level.
2026 Loan Limits — Roane County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 37748
To purchase the median home at $289,185 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,366.
Monthly Payment
$2,366
Income Required
$101,385
Principal & Interest
$1,782/mo
Down Payment (5%)
$14,459
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 37748.
Estimated Monthly Payment
$1,940
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