Is Piney Flats, TN 37686 a buyer’s or seller’s market?

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

Piney Flats is a seller’s market. With about 3.8 months of supply and 19% 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 score44/ 100

More competitive than 43% of U.S. ZIP codes, and #47 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 list19.4%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$211▼ −2.7% vs. last year

The Piney Flats housing market right now

In the three months ending August 31, 2026, 19% of homes in Piney Flats, TN 37686 sold above their list price, the typical home went under contract in 49 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 37 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold more slowly (42 days then) and the median sale price rose 3% to $407,824. Overall, Piney Flats is about as competitive as it was a year ago.

Within Sullivan County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Piney Flats ranks #47 of 299 TN ZIP codes with enough sales (score 44 out of 100).

Nearby, buyers who want less competition could look at Kingsport 37665 (13% sold over asking) or Bristol 37620 (14% sold over asking).

Nearby markets

Blountville 37617Balanced $178 /sq ftBluff City 37618Balanced $173 /sq ftBristol 37620Seller’s market $163 /sq ftKingsport 37660Seller’s market $157 /sq ft Browse all markets →

Where Piney Flats is

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Questions about Piney Flats real estate

Is Piney Flats a buyer’s or seller’s market?

A seller’s market: there were 3.8 months of supply in Piney Flats, TN 37686 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 Piney Flats?

The typical home went under contract in 49 days in the latest three months.

Do homes in Piney Flats sell over asking?

19% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.

What are property taxes in Piney Flats?

About 0.58% of a home’s value a year in Sullivan County, or roughly $2,320 on a $400,000 home.

What is the median home price in Piney Flats?

The median sale price was $407,824 in the three months ending August 31, 2026, about $211 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