Is Henderson, TN 38340 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Henderson is a seller’s market. With about 3.5 months of supply and 6% 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 supply3.5Under 4 months = seller’s market

Sold above original list6.3%Share of sales, last 3 months

Median sale-to-list96.2%Sold price ÷ list price

Median days on market25Listing to accepted offer

Median price per sq ft$165▲ +8.4% vs. last year

Run the numbers for 38340

Prefilled for 38340Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38340Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Enville 38332Buyer’s market $167 /sq ft Jacks Creek 38347 — /sq ft Luray 38352Seller’s market $118 /sq ft Browse all markets →

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