Is Mason, TN 38049 a buyer’s or seller’s market?
Mason is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mason housing market right now
In the three months ending August 31, 2026, 0% of homes in Mason, TN 38049 sold above their list price, the typical home went under contract in 72 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 38%, homes sold more slowly (46 days then) and the median sale price rose 43% to $334,855. Overall, Mason is less competitive than a year ago, which gives buyers more room.
Within Fayette County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Oakland 38060 (9% sold over asking) and Rossville 38066 (8% sold over asking) are even more competitive.
Run the numbers for 38049
Nearby markets
Eads 38028Seller’s market $210 /sq ftMoscow 38057Balanced $169 /sq ftOakland 38060Balanced $175 /sq ftRossville 38066Buyer’s market $200 /sq ft Browse all markets →Towns like Mason nearby
Find towns like Mason in other states →Where Mason is
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Questions about Mason real estate
Is Mason a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Mason, TN 38049 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 Mason?
The typical home went under contract in 72 days in the latest three months.
Do homes in Mason sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Mason?
About 0.33% of a home’s value a year in Fayette County, or roughly $1,320 on a $400,000 home.
What is the median home price in Mason?
The median sale price was $334,855 in the three months ending August 31, 2026, about $192 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