Is Washburn, TN 37888 a buyer’s or seller’s market?
Washburn is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Washburn housing market right now
In the three months ending August 31, 2026, 0% of homes in Washburn, TN 37888 sold above their list price, the typical home went under contract in 107 days and there were 4.3 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. With only 6 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 faster (191 days then) and the median sale price fell 14% to $299,870. Overall, Washburn is more competitive than a year ago, so tougher for buyers.
Within Grainger County, homes here sell more slowly, 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 37888
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 Washburn nearby
Find towns like Washburn in other states →Where Washburn is
Loading map…
Questions about Washburn real estate
Is Washburn a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Washburn, TN 37888 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 Washburn?
The typical home went under contract in 107 days in the latest three months.
Do homes in Washburn sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Washburn?
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 Washburn?
The median sale price was $299,870 in the three months ending August 31, 2026, about $213 per square foot.
Local agents
See all agents in 37888 →No sponsored agents in 37888 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 37888
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology