Is Gainesboro, TN 38562 a buyer’s or seller’s market?

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

Gainesboro is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market

Sold above original list6.7%Share of sales, last 3 months

Median sale-to-list96.6%Sold price ÷ list price

Median days on market60Listing to accepted offer

Median price per sq ft$197▲ +12.9% vs. last year

Run the numbers for 38562

Prefilled for 38562Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38562Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bloomington Springs 38545Balanced $150 /sq ft Granville 38564Buyer’s market $148 /sq ft Whitleyville 38588Buyer’s market $222 /sq ft Browse all markets →

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