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Is Sharon, TN 38255 a buyer’s or seller’s market?

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

Sharon 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.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list84.3%Sold price ÷ list price
Median days on market74Listing to accepted offer
Median price per sq ft$72▼ −38.2% vs. last year

The Sharon housing market right now

In the three months ending August 31, 2026, 0% of homes in Sharon, TN 38255 sold above their list price, the typical home went under contract in 74 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 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 fell from 22%, homes sold more slowly (69 days then) and the median sale price fell 45% to $96,208. Overall, Sharon is less competitive than a year ago, which gives buyers more room.

Within Weakley County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Dresden 38225 (8% sold over asking) and Martin 38237 (7% sold over asking) are even more competitive.

Run the numbers for 38255

Prefilled for 38255Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38255Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Dresden 38225Seller’s market $119 /sq ftDukedom 38226 — /sq ftGleason 38229Buyer’s market $125 /sq ftGreenfield 38230Seller’s market $102 /sq ft Browse all markets →

Towns like Sharon nearby

Find towns like Sharon in other states →
Rutherford, TN38369 · 11 miles away86% similarVery close on income, prices and more Clinton, KY42031 · 30 miles away83% similarlarger · older residents Hazel, KY42049 · 36 miles away83% similarpricier homes ($80K more) · smaller Greenfield, TN38230 · 8 miles away82% similarlarger

Where Sharon is

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Questions about Sharon real estate

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

A buyer’s market: there were 6.4 months of supply in Sharon, TN 38255 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 Sharon?

The typical home went under contract in 74 days in the latest three months.

Do homes in Sharon sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 84.3% of the list price.

What are property taxes in Sharon?

About 0.48% of a home’s value a year in Weakley County, or roughly $1,920 on a $400,000 home.

What is the median home price in Sharon?

The median sale price was $96,208 in the three months ending August 31, 2026, about $72 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