March delivered the listings. April delivered the buyers. Sixty-one buyers went under contract in April - the most of any month so far in 2026 - closings jumped 28%, and the median sale price snapped back 14% as the market broadened beyond the entry-level bands that carried the winter.
These numbers come straight from Realtracs MLS for Tullahoma. Here's the full picture versus March, then the breakdown by property type. (New to the series? The March report covers the spring listing wave that set this month up.)
The Full Market: April 2026 by the Numbers
All residential, Tullahoma, TN - April 2026 vs. March 2026 (Realtracs MLS):
| Metric | Mar 2026 | Apr 2026 | Change |
|---|---|---|---|
| Closings | 32 | 41 | +28% |
| New under contract | 44 | 61 | +39% |
| New listings | 107 | 75 | −30% |
| Total inventory | 200 | 241 | +21% |
| Average sale price | $282,686 | $332,977 | +18% |
| Median sale price | $286,500 | $327,000 | +14% |
| Avg days on market (closed) | 43 | 63 | +20 days |
| List to closed (avg) | 88 days | 113 days | +25 days |
| Months of supply | 5.57 | 5.29 | −5% |
The Buyers Arrived - In Numbers
Every leading indicator pointed the same direction in April. Sixty-one new contracts - up 39% from March, up 74% from the winter months. An average of 75 homes sitting under contract at any moment, the deepest pending pipeline of the year to that point. And 41 closings, the first month of 2026 above the thirty-somethings.
Inventory kept building too - 241 homes, up 21% - as March's listing wave rolled onto the shelves. But with demand rising this fast, months of supply still fell to 5.29. The market was tightening even as it grew, which is exactly the setup that produced the May and June numbers Tullahoma watchers now know about.
Prices Broadened Back Out
April's median sale rebounded to $327,000 (+14%) and the average to $332,977 (+18%). After two months of entry-level dominance, the middle and upper-middle of the market re-entered the game - families timing summer moves, relocations, and move-up buyers listing-and-buying in the same season.
Days on market stretched back to 63, up from March's sprinting 43. That's not a slowdown - it's breadth. March's closings were concentrated in fast-moving affordable homes; April's included a wider mix, some of which had been listed longer. A healthy spring market digests its slower inventory alongside its hot new listings, and that's what April's timeline numbers show.
Breaking It Down by Property Type
Single-Family Homes
| Metric | Mar 2026 | Apr 2026 | Change |
|---|---|---|---|
| Closings | 30 | 41 | +37% |
| New under contract | 43 | 58 | +35% |
| Average sale price | $286,802 | $332,977 | +16% |
| Median sale price | $286,500 | $327,000 | +14% |
| Avg days on market (closed) | 44 | 63 | +19 days |
| Months of supply | 5.67 | 5.02 | −11% |
Every one of April's 41 residential closings was a single-family home, and the segment's supply dipped to 5.02 months - a market moving from balanced toward seller-favored in real time.
Condos & Townhomes: Quiet Sales, Busy Pipeline
No condos closed in April, but don't call the segment dead: three units went under contract - the strongest condo pipeline of the year - setting up closings for late spring. Inventory sat at ten units, the year's high. In a segment this small, one month's pipeline is next month's headline.
Multi-Family: Watching and Waiting
No multi-family closings in April. One property went under contract, and the active shelf remains a tale of two markets: a handful of apartment-scale listings with an average ask near $2 million, and the occasional small investor property - which is what actually trades here. Patience and pounce is the multi-family strategy in Tullahoma.
Land, Lots & Farms: The Spring Building Season Continued
Six parcels closed in April at a median of $142,500 - continuing March's awakening, and at noticeably healthier price points than the winter's small-lot sales. Thirteen land closings in two months is real movement for this segment, even with 77 parcels listed and supply still deep at 12.5 months. Builders and buy-to-build buyers: the leverage is still yours. Start at Tullahoma land for sale or go straight to new construction if you'd rather buy the finished product.
What This Means for Sellers
April was confirmation that the spring demand is real and broad. If March's competition made you hesitant, April's 61 contracts should reframe it: buyers absorbed that inventory and kept coming. Homes priced against live comps went under contract inside the month; the 113-day average list-to-closed timeline belongs mostly to homes that launched wrong and repriced late. Get the number right the first time - a free Tullahoma home value review is the place to start, and the pricing guide explains how I build it.
What This Means for Buyers
April buyers had the best of both worlds - 241 homes to choose from and a market not yet as tight as it was about to become. If you're reading this in hindsight: the pattern of every month in 2026 so far is that waiting has cost selection and leverage. Figure out your neighborhoods with the Tullahoma neighborhood guide, get pre-approved, and treat the right house as a now decision, not a someday one.
The Bottom Line for April
April 2026 was the month demand caught the supply wave: contracts up 39%, closings up 28%, prices rebounding double digits as the market broadened, and supply tightening to 5.29 months even as inventory hit a year-to-date high. The market was accelerating into summer - and May would prove it.
For the deeper local read - inventory by price band, what buyers are responding to, and how to time your move - visit the Tullahoma Market Report page, or the Coffee County Market Report for the wider area.
Have a question about your specific situation? Reach out directly or call (615) 631-6596.
Jon Smith is a Tullahoma REALTOR® with Real Broker, serving Tullahoma, Manchester, Winchester, Estill Springs, and the Arnold AFB / Tims Ford Lake area. Market statistics from Realtracs MLS (Residential: All; Residential: Single Family; Residential: Condo; Multi-Family; and Land, Lots, Farms; Tullahoma, TN; April 2026; report date 07/05/26). Statistics deemed reliable but not guaranteed and subject to MLS revision.