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Is Sharps Chapel, TN 37866 a buyer’s or seller’s market?

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

Sharps Chapel is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.3%Sold price ÷ list price
Median days on market208Listing to accepted offer
Median price per sq ft$284▲ +3.8% vs. last year

The Sharps Chapel housing market right now

In the three months ending August 31, 2026, 0% of homes in Sharps Chapel, TN 37866 sold above their list price, the typical home went under contract in 208 days and there were 9.6 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 was about the same (0% then), homes sold more slowly (93 days then) and the median sale price fell 10% to $604,738. Overall, Sharps Chapel is less competitive than a year ago, which gives buyers more room.

Nearby, Luttrell 37779 (43% sold over asking) and Maynardville 37807 (12% sold over asking) are even more competitive.

Run the numbers for 37866

Prefilled for 37866Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37866Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Luttrell 37779Seller’s market $185 /sq ftMaynardville 37807Seller’s market $231 /sq ft Browse all markets →

Towns like Sharps Chapel nearby

Find towns like Sharps Chapel in other states →
Blaine, TN37709 · 16 miles away62% similarlarger · 15 min shorter commute Andersonville, TN37705 · 18 miles away61% similarlarger · 16 min shorter commute Luttrell, TN37779 · 12 miles away51% similarlower income ($26K less) · cheaper homes ($116K less) Corryton, TN37721 · 17 miles away50% similarcheaper homes ($46K less) · larger

Where Sharps Chapel is

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Questions about Sharps Chapel real estate

Is Sharps Chapel a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Sharps Chapel, TN 37866 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 Sharps Chapel?

The typical home went under contract in 208 days in the latest three months.

Do homes in Sharps Chapel sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.

What are property taxes in Sharps Chapel?

About 0.37% of a home’s value a year in Union County, or roughly $1,480 on a $400,000 home.

What is the median home price in Sharps Chapel?

The median sale price was $604,738 in the three months ending August 31, 2026, about $284 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