Is Kenton, TN 38233 a buyer’s or seller’s market?
Kenton is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Kenton housing market right now
In the three months ending August 31, 2026, 0% of homes in Kenton, TN 38233 sold above their list price, the typical home went under contract in 125 days and there were 7 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 25%, homes sold more slowly (7 days then) and the median sale price rose 72% to $174,924. Overall, Kenton is less competitive than a year ago, which gives buyers more room.
Within Gibson County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Humboldt 38343 (15% sold over asking) and Milan 38358 (14% sold over asking) are even more competitive.
Run the numbers for 38233
Nearby markets
Bradford 38316Balanced $192 /sq ftDyer 38330Seller’s market $105 /sq ftGibson 38338 — /sq ftHumboldt 38343Seller’s market $147 /sq ft Browse all markets →Towns like Kenton nearby
Find towns like Kenton in other states →Where Kenton is
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Questions about Kenton real estate
Is Kenton a buyer’s or seller’s market?
A buyer’s market: there were 7 months of supply in Kenton, TN 38233 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 Kenton?
The typical home went under contract in 125 days in the latest three months.
Do homes in Kenton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 86.7% of the list price.
What are property taxes in Kenton?
About 0.66% of a home’s value a year in Gibson County, or roughly $2,640 on a $400,000 home.
What is the median home price in Kenton?
The median sale price was $174,924 in the three months ending August 31, 2026, about $74 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