Is Pleasant Shade, TN 37145 a buyer’s or seller’s market?
Pleasant Shade is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Pleasant Shade housing market right now
In the three months ending August 31, 2026, 0% of homes in Pleasant Shade, TN 37145 sold above their list price, the typical home went under contract in 89 days and there were 6.4 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 fell from 13%, homes sold faster (94 days then) and the median sale price fell 2% to $299,870. Overall, Pleasant Shade is less competitive than a year ago, which gives buyers more room.
Within Smith County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Brush Creek 38547 (25% sold over asking) and Carthage 37030 (12% sold over asking) are even more competitive.
Run the numbers for 37145
Nearby markets
Brush Creek 38547Seller’s market $221 /sq ftCarthage 37030Balanced $157 /sq ftChestnut Mound 38552Buyer’s market $55 /sq ftElmwood 38560Buyer’s market $249 /sq ft Browse all markets →Towns like Pleasant Shade nearby
Find towns like Pleasant Shade in other states →Where Pleasant Shade is
Loading map…
Questions about Pleasant Shade real estate
Is Pleasant Shade a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Pleasant Shade, TN 37145 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 Pleasant Shade?
The typical home went under contract in 89 days in the latest three months.
Do homes in Pleasant Shade sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Pleasant Shade?
About 0.47% of a home’s value a year in Smith County, or roughly $1,880 on a $400,000 home.
What is the median home price in Pleasant Shade?
The median sale price was $299,870 in the three months ending August 31, 2026, about $229 per square foot.
Local agents
See all agents in 37145 →No sponsored agents in 37145 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 37145
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology