Is Pikeville, TN 37367 a buyer’s or seller’s market?
Pikeville is a buyer’s market. With about 6.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 28% of U.S. ZIP codes, and #131 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
The Pikeville housing market right now
In the three months ending August 31, 2026, 24% of homes in Pikeville, TN 37367 sold above their list price, the typical home went under contract in 84 days and there were 6.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 19%, homes sold more slowly (51 days then) and the median sale price rose 29% to $392,330. Overall, Pikeville is less competitive than a year ago, which gives buyers more room.
On our competition score, Pikeville ranks #131 of 299 TN ZIP codes with enough sales (score 31 out of 100).
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Questions about Pikeville real estate
Is Pikeville a buyer’s or seller’s market?
A buyer’s market: there were 6.5 months of supply in Pikeville, TN 37367 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 Pikeville?
The typical home went under contract in 84 days in the latest three months.
Do homes in Pikeville sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in Pikeville?
About 0.36% of a home’s value a year in Bledsoe County, or roughly $1,440 on a $400,000 home.
What is the median home price in Pikeville?
The median sale price was $392,330 in the three months ending August 31, 2026, about $219 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