Is Pioneer, TN 37847 a buyer’s or seller’s market?
Pioneer is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Pioneer housing market right now
In the three months ending August 31, 2026, 0% of homes in Pioneer, TN 37847 sold above their list price, the typical home went under contract in 31 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 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 50%, homes sold about as fast and the median sale price rose 14% to $524,773. Overall, Pioneer is less competitive than a year ago, which gives buyers more room.
Within Campbell County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Jacksboro 37757 (21% sold over asking) and Jellico 37762 (14% sold over asking) are even more competitive.
Run the numbers for 37847
Nearby markets
Caryville 37714Balanced $164 /sq ftDuff 37729Buyer’s market $103 /sq ftJacksboro 37757Balanced $185 /sq ftJellico 37762Seller’s market $110 /sq ft Browse all markets →Towns like Pioneer nearby
Find towns like Pioneer in other states →Where Pioneer is
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Questions about Pioneer real estate
Is Pioneer a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Pioneer, TN 37847 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 Pioneer?
The typical home went under contract in 31 days in the latest three months.
Do homes in Pioneer sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Pioneer?
About 0.37% of a home’s value a year in Campbell County, or roughly $1,480 on a $400,000 home.
What is the median home price in Pioneer?
The median sale price was $524,773 in the three months ending August 31, 2026, about $314 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