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Is Flag Pond, TN 37657 a buyer’s or seller’s market?

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

Flag Pond is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply19.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market338Listing to accepted offer
Median price per sq ft$419

The Flag Pond housing market right now

In the three months ending August 31, 2026, 0% of homes in Flag Pond, TN 37657 sold above their list price, the typical home went under contract in 338 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Nearby, Unicoi 37692 (18% sold over asking) and Erwin 37650 (8% sold over asking) are even more competitive.

Run the numbers for 37657

Prefilled for 37657Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37657Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Erwin 37650Seller’s market $155 /sq ftUnicoi 37692Seller’s market $200 /sq ft Browse all markets →

Towns like Flag Pond nearby

Find towns like Flag Pond in other states →
Hot Springs, NC28743 · 23 miles away64% similarcheaper homes ($28K less) · larger Mars Hill, NC28754 · 11 miles away62% similarpricier homes ($106K more) · larger Watauga, TN37694 · 30 miles away61% similarlarger · older residents Afton, TN37616 · 18 miles away59% similarlarger

Where Flag Pond is

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Questions about Flag Pond real estate

Is Flag Pond a buyer’s or seller’s market?

A buyer’s market: there were 19.2 months of supply in Flag Pond, TN 37657 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 Flag Pond?

The typical home went under contract in 338 days in the latest three months.

Do homes in Flag Pond sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Flag Pond?

About 0.52% of a home’s value a year in Unicoi County, or roughly $2,080 on a $400,000 home.

What is the median home price in Flag Pond?

The median sale price was $267,884 in the three months ending August 31, 2026, about $419 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