Is Strawberry Plains, TN 37871 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Strawberry Plains is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score47/ 100

More competitive than 47% of U.S. ZIP codes, and #32 of 315 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 July 31, 2026. See the breakdown

Months of supply5.3Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$210▼ −4.9% vs. last year

The Strawberry Plains housing market right now

In the three months ending August 31, 2026, 14% of homes in Strawberry Plains, TN 37871 sold above their list price, the typical home went under contract in 53 days and there were 5.3 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. That’s based on 14 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold faster (65 days then) and the median sale price fell 3% to $324,859. Overall, Strawberry Plains is more competitive than a year ago, so tougher for buyers.

Within Knox County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in 81%.

Nearby, buyers who want less competition could look at Knoxville 37916 (0% sold over asking) or Knoxville 37917 (9% sold over asking), while Corryton 37721 (37% sold over asking) and Knoxville 37909 (29% sold over asking) are even more competitive.

Nearby markets

Corryton 37721Seller’s market $209 /sq ftKnoxville 37902Balanced $579 /sq ftKnoxville 37909Seller’s market $223 /sq ftKnoxville 37912Seller’s market $221 /sq ft Browse all markets →

Where Strawberry Plains is

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Questions about Strawberry Plains real estate

Is Strawberry Plains a buyer’s or seller’s market?

A balanced market: there were 5.3 months of supply in Strawberry Plains, TN 37871 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 Strawberry Plains?

The typical home went under contract in 53 days in the latest three months.

Do homes in Strawberry Plains sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Strawberry Plains?

About 0.43% of a home’s value a year in Knox County, or roughly $1,720 on a $400,000 home.

What is the median home price in Strawberry Plains?

The median sale price was $324,859 in the three months ending August 31, 2026, about $210 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