Is Palmyra, TN 37142 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Palmyra is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.9Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list97.9%Sold price ÷ list price

Median days on market80Listing to accepted offer

Median price per sq ft$254▲ +23.3% vs. last year

Run the numbers for 37142

Prefilled for 37142Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37142Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clarksville 37040Balanced $179 /sq ft Clarksville 37042Balanced $180 /sq ft Clarksville 37043Balanced $185 /sq ft Cunningham 37052Buyer’s market $211 /sq ft Browse all markets →

More tools for 37142

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology