Is Talbott, TN 37877 a buyer’s or seller’s market?
Talbott is a seller’s market. With about 2.9 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.9Under 4 months = seller’s market
Sold above original list8.6%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$190▲ +18.6% vs. last year
Run the numbers for 37877
Nearby markets
Dandridge 37725Balanced $233 /sq ftJefferson City 37760Seller’s market $184 /sq ftNew Market 37820Seller’s market $183 /sq ftWhite Pine 37890Buyer’s market $197 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology