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Is Unicoi, TN 37692 a buyer’s or seller’s market?

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

Unicoi is a seller’s market. With about 2.3 months of supply and 18% 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.

Months of supply2.3Under 4 months = seller’s market
Sold above original list18.2%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$200▲ +8.3% vs. last year

The Unicoi housing market right now

In the three months ending August 31, 2026, 18% of homes in Unicoi, TN 37692 sold above their list price, the typical home went under contract in 55 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (90 days then) and the median sale price held steady to $349,849. Overall, Unicoi is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Flag Pond 37657 (0% sold over asking) or Erwin 37650 (8% sold over asking).

Run the numbers for 37692

Prefilled for 37692Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37692Over-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 ftFlag Pond 37657Buyer’s market $419 /sq ft Browse all markets →

Towns like Unicoi nearby

Find towns like Unicoi in other states →
Burnsville, NC28714 · 21 miles away82% similarlarger · more homeowners Bakersville, NC28705 · 15 miles away80% similaryounger residents · 5 min shorter commute Green Mountain, NC28740 · 15 miles away79% similarsmaller Spruce Pine, NC28777 · 25 miles away79% similarlarger · 6 min shorter commute

Where Unicoi is

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Questions about Unicoi real estate

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

A seller’s market: there were 2.3 months of supply in Unicoi, TN 37692 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 Unicoi?

The typical home went under contract in 55 days in the latest three months.

Do homes in Unicoi sell over asking?

18% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Unicoi?

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 Unicoi?

The median sale price was $349,849 in the three months ending August 31, 2026, about $200 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