Is Tiptonville, TN 38079 a buyer’s or seller’s market?
Tiptonville is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Tiptonville housing market right now
In the three months ending August 31, 2026, 0% of homes in Tiptonville, TN 38079 sold above their list price, the typical home went under contract in 43 days and there were 12.8 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 was about the same (0% then), homes sold faster (89 days then) and the median sale price fell 17% to $143,938. Overall, Tiptonville is more competitive than a year ago, so tougher for buyers.
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Questions about Tiptonville real estate
Is Tiptonville a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Tiptonville, TN 38079 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 Tiptonville?
The typical home went under contract in 43 days in the latest three months.
Do homes in Tiptonville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Tiptonville?
About 0.67% of a home’s value a year in Lake County, or roughly $2,680 on a $400,000 home.
What is the median home price in Tiptonville?
The median sale price was $143,938 in the three months ending August 31, 2026, about $92 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