Photo: Brian Stansberry · CC BY 3.0224 homes sold in Powell in the last year, at a typical $357K
About one sale in 4 is a condo. 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 Powell homes are listed.
Every place Powell 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 Powell.
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.
8% of Powell’s sales are condos, at $95K less than a house
163 houses and 18 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 163 sold in 12 months
- Per square foot
- $204TN $209
- Days to sell
- 57
- Sold over asking
- 18%
- Listings with a price cut
- 30%
typical sale · 18 sold in 12 months
- Per square foot
- $223TN $262
- Days to sell
- 93
- Sold over asking
- 6%
- Listings with a price cut
- 33%
Townhouses: 43 sold, typical $285K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.3 times the 2016 price
224 sales in the last year, against 271 in 2016 and a low of 159 in 2012. The typical sale went from $156K in 2016 to $357K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Powell
Check a listing against what Powell 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 Powell are rarer than before the pandemic, and more homes are for sale
We read every month of Powell’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, 224 sales.
If you’re buying in Powell
- Shop in September. It brings about 22 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
- You can negotiate. 28% of listings have cut their price, against 14% before the pandemic.
- Bid near asking. Buyers paid 98.4% of the list price on average; 17% paid over.
- You’ll usually have time. Only 31% of homes go under contract within two weeks; the typical one takes 61 days.
Spring brings the homes; summer brings the bidding wars
April has the most new listings (about 28 a month), but July is the most competitive: 36% of July sales close over asking. September offers nearly as much choice with fewer homes bid up (27%). January has the least competition (19%) but only about 16 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Tennessee as a whole
| Powell now | 2017–19 | 2021 peak | TN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 23% | 50% | 14% |
| Gone within two weeksShare of homes under contract within 14 days | 31% | 41% | 62% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 28% | 14% | 14% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 98.4% | 98.6% | 101.4% | 97.3% |
| Days to sellMedian days from listing to contract | 61 | 53 | 42 | 70 |
60 homes for sale on a typical day
That’s 2.4 times the 2023 low (25), 19% more than in 2017–19 and well under 2013’s 117.
1 in 4 listings has cut its price
28% in the last year, against 14% in 2017–19 and 25% across Tennessee. More sellers are pricing high and coming down.
Since 2019, houses are up 84%, condos 116%
A house typically sold for $379K in the last year (163 sales), a condo for $284K (18).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Powell ranks 33rd of 108 busy Tennessee markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Powell is in the middle of the pack.
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 Powell home costs about $1,966 a month
Price: Powell’s typical sale, last 12 months. Property tax at Powell’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 Powell is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 12.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $357K home, about $1,240 a year.
Taxes vs. neighborsSchools
The schools grade for Powell, from test results, graduation and how much students grow.
Schools in PowellCheck 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.
No busy market nearby sells for less a square foot; Louisville for far more
The busier markets within 25 miles of Powell, 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 | |
|---|---|---|---|---|---|
| Knoxville | 2,603 | $316K | $225 | 17% | 59 |
| Farragut | 461 | $722K | $250 | 18% | 77 |
| Powell | 224 | $357K | $203 | 17% | 61 |
| Clinton | 143 | $333K | $220 | 15% | 86 |
| Karns | 53 | $448K | $213 | 34% | 60 |
| Louisville | 43 | $1.2M | $297 | 12% | 78 |
| Mascot | 28 | $311K | $204 | 29% | 91 |
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 Powell, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Powell. People who follow the town see it, and so do people comparing Powell with their own town. No commission, no listing fee.
Questions about buying a home in Powell
What do homes sell for in Powell, TN?
224 homes sold in the year to May 2026 at a typical $357K, $203 a square foot. Houses sold for about $379K, condos for about $284K.
Is Powell a buyer’s or seller’s market?
A balanced market: 68 homes were for sale in May 2026 and 15 sold, about 4.5 months of supply. Buyers paid 98.4% of asking on average, and 28% of listings cut their price.
When is the best time to buy in Powell?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Powell?
About 0.4% of a home’s value a year. On a $357K home that’s near $1,240.
Where can I see homes for sale in Powell?
Zillow, Redfin, Realtor.com and Homes.com all carry Powell’s MLS listings; the search links above open each one filtered to Powell.
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).