Is Lyles, TN 37098 a buyer’s or seller’s market?
Lyles is a buyer’s market. With about 7.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lyles housing market right now
In the three months ending August 31, 2026, 29% of homes in Lyles, TN 37098 sold above their list price, the typical home went under contract in 71 days and there were 7.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold faster (87 days then) and the median sale price rose 1% to $328,858. Overall, Lyles is more competitive than a year ago, so tougher for buyers.
Within Hickman County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Duck River 38454 (0% sold over asking) or Centerville 37033 (0% sold over asking).
Run the numbers for 37098
Nearby markets
Bon Aqua 37025Balanced $239 /sq ftCenterville 37033Buyer’s market $207 /sq ftDuck River 38454Buyer’s market $271 /sq ftNunnelly 37137Buyer’s market $208 /sq ft Browse all markets →Towns like Lyles nearby
Find towns like Lyles in other states →Where Lyles is
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Questions about Lyles real estate
Is Lyles a buyer’s or seller’s market?
A buyer’s market: there were 7.8 months of supply in Lyles, TN 37098 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 Lyles?
The typical home went under contract in 71 days in the latest three months.
Do homes in Lyles sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Lyles?
About 0.46% of a home’s value a year in Hickman County, or roughly $1,840 on a $400,000 home.
What is the median home price in Lyles?
The median sale price was $328,858 in the three months ending August 31, 2026, about $206 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