Is Grand Junction, TN 38039 a buyer’s or seller’s market?
Grand Junction 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 Grand Junction housing market right now
In the three months ending August 31, 2026, 0% of homes in Grand Junction, TN 38039 sold above their list price, the typical home went under contract in 16 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 3 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 (19 days then) and the median sale price rose 22% to $237,897. Overall, Grand Junction is about as competitive as it was a year ago.
Within Hardeman County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Whiteville 38075 (50% sold over asking) and Toone 38381 (20% sold over asking) are even more competitive.
Run the numbers for 38039
Nearby markets
Bolivar 38008Buyer’s market $135 /sq ftHickory Valley 38042 — /sq ftHornsby 38044Buyer’s market $228 /sq ftMiddleton 38052Balanced $150 /sq ft Browse all markets →Towns like Grand Junction nearby
Find towns like Grand Junction in other states →Where Grand Junction is
Loading map…
Questions about Grand Junction real estate
Is Grand Junction a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Grand Junction, TN 38039 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 Grand Junction?
The typical home went under contract in 16 days in the latest three months.
Do homes in Grand Junction sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in Grand Junction?
About 0.63% of a home’s value a year in Hardeman County, or roughly $2,520 on a $400,000 home.
What is the median home price in Grand Junction?
The median sale price was $237,897 in the three months ending August 31, 2026, about $106 per square foot.
Local agents
See all agents in 38039 →No sponsored agents in 38039 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 38039
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology