Is Sneedville, TN 37869 a buyer’s or seller’s market?
Sneedville is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 9% of U.S. ZIP codes, and #254 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
The Sneedville housing market right now
In the three months ending August 31, 2026, 13% of homes in Sneedville, TN 37869 sold above their list price, the typical home went under contract in 71 days and there were 5.4 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. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (120 days then) and the median sale price rose 5% to $202,412. Overall, Sneedville is more competitive than a year ago, so tougher for buyers.
On our competition score, Sneedville ranks #254 of 299 TN ZIP codes with enough sales (score 16 out of 100).
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Questions about Sneedville real estate
Is Sneedville a buyer’s or seller’s market?
A balanced market: there were 5.4 months of supply in Sneedville, TN 37869 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 Sneedville?
The typical home went under contract in 71 days in the latest three months.
Do homes in Sneedville sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Sneedville?
About 0.45% of a home’s value a year in Hancock County, or roughly $1,800 on a $400,000 home.
What is the median home price in Sneedville?
The median sale price was $202,412 in the three months ending August 31, 2026, about $168 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