Is Talbott, TN 37877 a buyer’s or seller’s market?
Talbott is a seller’s market. With about 2.9 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 28% of U.S. ZIP codes, and #124 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 Talbott housing market right now
In the three months ending August 31, 2026, 9% of homes in Talbott, TN 37877 sold above their list price, the typical home went under contract in 41 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 36 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (9% then), homes sold faster (79 days then) and the median sale price rose 3% to $319,762. Overall, Talbott is more competitive than a year ago, so tougher for buyers.
Within Jefferson County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 75%. On our competition score, Talbott ranks #124 of 299 TN ZIP codes with enough sales (score 32 out of 100).
Nearby, buyers who want less competition could look at White Pine 37890 (5% sold over asking), while New Market 37820 (28% sold over asking) and Jefferson City 37760 (13% sold over asking) are even more competitive.
Run the numbers for 37877
Nearby markets
Dandridge 37725Balanced $233 /sq ftJefferson City 37760Seller’s market $184 /sq ftNew Market 37820Seller’s market $183 /sq ftWhite Pine 37890Buyer’s market $197 /sq ft Browse all markets →Towns like Talbott nearby
Find towns like Talbott in other states →Where Talbott is
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Questions about Talbott real estate
Is Talbott a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Talbott, TN 37877 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 Talbott?
The typical home went under contract in 41 days in the latest three months.
Do homes in Talbott sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Talbott?
About 0.43% of a home’s value a year in Jefferson County, or roughly $1,720 on a $400,000 home.
What is the median home price in Talbott?
The median sale price was $319,762 in the three months ending August 31, 2026, about $190 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