Photo: Brian Stansberry · CC BY 3.0461 homes sold in Farragut in the last year, at a typical $722K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Farragut homes are listed.
Every place Farragut homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Farragut.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
5% of Farragut’s sales are condos, at $309K less than a house
422 houses and 24 condos sold in the year to May 2026. Houses sell faster.
typical sale · 422 sold in 12 months
- Per square foot
- $247TN $209
- Days to sell
- 73
- Sold over asking
- 18%
- Listings with a price cut
- 25%
typical sale · 24 sold in 12 months
- Per square foot
- $241TN $262
- Days to sell
- 82
- Sold over asking
- 17%
- Listings with a price cut
- 25%
Multi-family (2–4 units): 1 sold, typical $450K
Townhouses: 14 sold, typical $759K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
461 sales in the last year, against 548 in 2020 and a low of 367 in 2012. The typical sale went from $375K in 2016 to $722K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $700K buys in Farragut
Check a listing against what Farragut homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Farragut are back to pre-pandemic levels, but 15% fewer homes come up for sale
We read every month of Farragut’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 461 sales.
If you’re buying in Farragut
- Shop in March. It brings about 52 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- You can negotiate. 23% of listings have cut their price, against 16% before the pandemic.
- Bid near asking. Buyers paid 98.1% of the list price on average; 18% paid over.
- You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 77 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 62 a month), but April is the most competitive: 28% of April sales close over asking. March and April offer nearly as much choice with fewer homes bid up (23%). January has the least competition (15%) but only about 35 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Tennessee as a whole
| Farragut now | 2017–19 | 2021 peak | TN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 18% | 14% | 53% | 14% |
| Gone within two weeksShare of homes under contract within 14 days | 37% | 30% | 58% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | 16% | 5% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 98.1% | 97.9% | 101.6% | 97.3% |
| Days to sellMedian days from listing to contract | 77 | 68 | 48 | 70 |
139 homes for sale on a typical day
That’s 1.5 times the 2021 low (92), 15% fewer than in 2017–19 and well under 2014’s 237.
1 in 4 listings has cut its price
23% in the last year, against 16% in 2017–19 and 25% across Tennessee. More sellers are pricing high and coming down.
Since 2019, houses are up 81%, condos 82%
A house typically sold for $742K in the last year (422 sales), a condo for $433K (24).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Farragut ranks 26th of 108 busy Tennessee markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Farragut is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Farragut home costs about $3,986 a month
Price: Farragut’s typical sale, last 12 months. Property tax at Farragut’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Farragut is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 27.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $722K home, about $2,620 a year.
Taxes vs. neighborsSchools
The schools grade for Farragut, from test results, graduation and how much students grow.
Schools in FarragutTypical commute
The average one-way trip to work for people who live in Farragut.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Lenoir City, Karns, Oak Ridge and Alcoa sell for less a square foot
The busier markets within 25 miles of Farragut, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Oak Ridge | 566 | $381K | $191 | 20% | 65 |
| Farragut | 461 | $722K | $250 | 18% | 77 |
| Tellico Village | 415 | $642K | $270 | 7% | 93 |
| Lenoir City | 215 | $421K | $215 | 18% | 73 |
| Alcoa | 146 | $350K | $233 | 24% | 64 |
| Karns | 53 | $448K | $213 | 34% | 60 |
| Louisville | 43 | $1.2M | $297 | 12% | 78 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Farragut, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Farragut. People who follow the town see it, and so do people comparing Farragut with their own town. No commission, no listing fee.
Questions about buying a home in Farragut
What do homes sell for in Farragut, TN?
461 homes sold in the year to May 2026 at a typical $722K, $250 a square foot. Houses sold for about $742K, condos for about $433K.
Is Farragut a buyer’s or seller’s market?
A seller’s market: 152 homes were for sale in May 2026 and 45 sold, about 3.4 months of supply. Buyers paid 98.1% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Farragut?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Farragut?
About 0.4% of a home’s value a year. On a $722K home that’s near $2,620.
Where can I see homes for sale in Farragut?
Zillow, Redfin, Realtor.com and Homes.com all carry Farragut’s MLS listings; the search links above open each one filtered to Farragut.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).