Is Winchester, TN 37398 a buyer’s or seller’s market?

The Winchester housing market right now

In the three months ending August 31, 2026, 3% of homes in Winchester, TN 37398 sold above their list price, the typical home went under contract in 92 days and there were 6.9 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 91 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold more slowly (75 days then) and the median sale price fell 1% to $397,328. Overall, Winchester is less competitive than a year ago, which gives buyers more room.

Within Franklin County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Winchester ranks #295 of 299 TN ZIP codes with enough sales (score 8 out of 100).

Nearby, buyers who want less competition could look at Sherwood 37376 (0% sold over asking) or Sewanee 37375 (0% sold over asking), while Belvidere 37306 (25% sold over asking) and Estill Springs 37330 (21% sold over asking) are even more competitive.