OfferBackedBuyer Tools

Is Thorn Hill, TN 37881 a buyer’s or seller’s market?

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

Thorn Hill is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$160▼ −19.4% vs. last year

The Thorn Hill housing market right now

In the three months ending August 31, 2026, 0% of homes in Thorn Hill, TN 37881 sold above their list price, the typical home went under contract in 49 days and there were 7.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 22%, homes sold more slowly (44 days then) and the median sale price fell 17% to $227,352. Overall, Thorn Hill is less competitive than a year ago, which gives buyers more room.

Within Grainger County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Blaine 37709 (20% sold over asking) and Bean Station 37708 (12% sold over asking) are even more competitive.

Run the numbers for 37881

Prefilled for 37881Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37881Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bean Station 37708Seller’s market $206 /sq ftBlaine 37709Buyer’s market $228 /sq ftPowder Springs 37848 — /sq ftRutledge 37861Balanced $238 /sq ft Browse all markets →

Towns like Thorn Hill nearby

Find towns like Thorn Hill in other states →
Washburn, TN37888 · 14 miles away79% similarpricier homes ($26K more) · larger Surgoinsville, TN37873 · 30 miles away67% similarpricier homes ($67K more) · larger Bulls Gap, TN37711 · 20 miles away66% similarlarger · younger residents Speedwell, TN37870 · 26 miles away63% similarlarger · younger residents

Where Thorn Hill is

Loading map…

Questions about Thorn Hill real estate

Is Thorn Hill a buyer’s or seller’s market?

A buyer’s market: there were 7.2 months of supply in Thorn Hill, TN 37881 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 Thorn Hill?

The typical home went under contract in 49 days in the latest three months.

Do homes in Thorn Hill sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.

What are property taxes in Thorn Hill?

About 0.48% of a home’s value a year in Grainger County, or roughly $1,920 on a $400,000 home.

What is the median home price in Thorn Hill?

The median sale price was $227,352 in the three months ending August 31, 2026, about $160 per square foot.

Local agents

See all agents in 37881 →

No sponsored agents in 37881 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 37881

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Grainger County property taxesGrainger County loan limitsClosing costs in TennesseeHottest ZIP codes in Tennessee
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology