Is Parrottsville, TN 37843 a buyer’s or seller’s market?
Parrottsville is a buyer’s market. With about 7.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Parrottsville housing market right now
In the three months ending August 31, 2026, 0% of homes in Parrottsville, TN 37843 sold above their list price, the typical home went under contract in 108 days and there were 7.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold faster (139 days then) and the median sale price fell 30% to $247,393. Overall, Parrottsville is less competitive than a year ago, which gives buyers more room.
Within Cocke County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Cosby 37722 (25% sold over asking) and Del Rio 37727 (25% sold over asking) are even more competitive.
Run the numbers for 37843
Nearby markets
Bybee 37713Seller’s market $141 /sq ftCosby 37722Buyer’s market $239 /sq ftDel Rio 37727Buyer’s market $239 /sq ftHartford 37753Seller’s market $142 /sq ft Browse all markets →Towns like Parrottsville nearby
Find towns like Parrottsville in other states →Where Parrottsville is
Loading map…
Questions about Parrottsville real estate
Is Parrottsville a buyer’s or seller’s market?
A buyer’s market: there were 7.6 months of supply in Parrottsville, TN 37843 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 Parrottsville?
The typical home went under contract in 108 days in the latest three months.
Do homes in Parrottsville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Parrottsville?
About 0.57% of a home’s value a year in Cocke County, or roughly $2,280 on a $400,000 home.
What is the median home price in Parrottsville?
The median sale price was $247,393 in the three months ending August 31, 2026, about $191 per square foot.
Local agents
See all agents in 37843 →No sponsored agents in 37843 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 37843
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology