Is Selmer, TN 38375 a buyer’s or seller’s market?

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

Selmer is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market

Sold above original list7.4%Share of sales, last 3 months

Median sale-to-list97.6%Sold price ÷ list price

Median days on market91Listing to accepted offer

Median price per sq ft$121▼ −2.5% vs. last year

Run the numbers for 38375

Prefilled for 38375Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38375Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Adamsville 38310Balanced $134 /sq ft Bethel Springs 38315Buyer’s market $127 /sq ft Finger 38334Buyer’s market $144 /sq ft Guys 38339 $210 /sq ft Browse all markets →

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