Is Elizabethton, TN 37643 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Elizabethton is a seller’s market. With about 3.8 months of supply and 12% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score28/ 100

More competitive than 24% of U.S. ZIP codes, and #159 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

Months of supply3.8Under 4 months = seller’s market
Sold above original list12%Share of sales, last 3 months
Median sale-to-list96.5%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$183▲ +3.4% vs. last year

The Elizabethton housing market right now

In the three months ending August 31, 2026, 12% of homes in Elizabethton, TN 37643 sold above their list price, the typical home went under contract in 48 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 111 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold faster (57 days then) and the median sale price rose 1% to $262,886. Overall, Elizabethton is more competitive than a year ago, so tougher for buyers.

On our competition score, Elizabethton ranks #159 of 299 TN ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Watauga 37694 (0% sold over asking) or Roan Mountain 37687 (6% sold over asking), while Hampton 37658 (20% sold over asking) is even more competitive.

Nearby markets

Hampton 37658Seller’s market $176 /sq ftRoan Mountain 37687Buyer’s market $229 /sq ftWatauga 37694Buyer’s market $190 /sq ft Browse all markets →

Where Elizabethton is

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Questions about Elizabethton real estate

Is Elizabethton a buyer’s or seller’s market?

A seller’s market: there were 3.8 months of supply in Elizabethton, TN 37643 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 Elizabethton?

The typical home went under contract in 48 days in the latest three months.

Do homes in Elizabethton sell over asking?

12% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.

What are property taxes in Elizabethton?

About 0.51% of a home’s value a year in Carter County, or roughly $2,040 on a $400,000 home.

What is the median home price in Elizabethton?

The median sale price was $262,886 in the three months ending August 31, 2026, about $183 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