Is Mount Pleasant, TN 38474 a buyer’s or seller’s market?

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

Mount Pleasant is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score19/ 100

More competitive than 12% of U.S. ZIP codes, and #232 of 299 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.9Under 4 months = seller’s market
Sold above original list6.3%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market79Listing to accepted offer
Median price per sq ft$223▼ −0.5% vs. last year

The Mount Pleasant housing market right now

In the three months ending August 31, 2026, 6% of homes in Mount Pleasant, TN 38474 sold above their list price, the typical home went under contract in 79 days and there were 4.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 33 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (54 days then) and the median sale price rose 3% to $369,840. Overall, Mount Pleasant is less competitive than a year ago, which gives buyers more room.

Within Maury County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Mount Pleasant ranks #232 of 299 TN ZIP codes with enough sales (score 19 out of 100).

Nearby, buyers who want less competition could look at Williamsport 38487 (0% sold over asking), while Santa Fe 38482 (17% sold over asking) and Columbia 38401 (14% sold over asking) are even more competitive.

Nearby markets

Columbia 38401Balanced $204 /sq ftCulleoka 38451Buyer’s market $281 /sq ftSanta Fe 38482Balanced $263 /sq ftSpring Hill 37174Balanced $236 /sq ft Browse all markets →

Questions about Mount Pleasant real estate

Is Mount Pleasant a buyer’s or seller’s market?

A balanced market: there were 4.9 months of supply in Mount Pleasant, TN 38474 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Mount Pleasant?

The typical home went under contract in 79 days in the latest three months.

Do homes in Mount Pleasant sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Mount Pleasant?

About 0.45% of a home’s value a year in Maury County, or roughly $1,800 on a $400,000 home.

What is the median home price in Mount Pleasant?

The median sale price was $369,840 in the three months ending August 31, 2026, about $223 per square foot.

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