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Is Friendship, TN 38034 a buyer’s or seller’s market?

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

Friendship is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list100.8%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$107▼ −9.0% vs. last year

The Friendship housing market right now

In the three months ending August 31, 2026, 25% of homes in Friendship, TN 38034 sold above their list price, the typical home went under contract in 35 days and there were 8 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 rose from 0%, homes sold faster (148 days then) and the median sale price fell 15% to $184,920. Overall, Friendship is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Gadsden 38337 (0% sold over asking) or Alamo 38001 (0% sold over asking).

Run the numbers for 38034

Prefilled for 38034Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38034Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alamo 38001Seller’s market $157 /sq ftGadsden 38337Balanced $149 /sq ftMaury City 38050 — /sq ft Browse all markets →

Towns like Friendship nearby

Find towns like Friendship in other states →
Atwood, TN38220 · 35 miles away88% similarcheaper homes ($29K less) · smaller Troy, TN38260 · 30 miles away85% similar9 min shorter commute Henning, TN38041 · 31 miles away83% similarcheaper homes ($37K less) · younger residents Obion, TN38240 · 25 miles away82% similarsmaller · more renters

Where Friendship is

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Questions about Friendship real estate

Is Friendship a buyer’s or seller’s market?

A buyer’s market: there were 8 months of supply in Friendship, TN 38034 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 Friendship?

The typical home went under contract in 35 days in the latest three months.

Do homes in Friendship sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 100.8% of the list price.

What are property taxes in Friendship?

About 0.59% of a home’s value a year in Crockett County, or roughly $2,360 on a $400,000 home.

What is the median home price in Friendship?

The median sale price was $184,920 in the three months ending August 31, 2026, about $107 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