Is Decaturville, TN 38329 a buyer’s or seller’s market?
Decaturville is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 5% of U.S. ZIP codes, and #279 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Decaturville housing market right now
In the three months ending August 31, 2026, 5% of homes in Decaturville, TN 38329 sold above their list price, the typical home went under contract in 101 days and there were 4 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. That’s based on 20 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (132 days then) and the median sale price fell 47% to $214,907. Overall, Decaturville is more competitive than a year ago, so tougher for buyers.
Within Decatur County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county. On our competition score, Decaturville ranks #279 of 299 TN ZIP codes with enough sales (score 11 out of 100).
Nearby, buyers who want less competition could look at Sugar Tree 38380 (0% sold over asking) or Scotts Hill 38374 (0% sold over asking).
Run the numbers for 38329
Nearby markets
Bath Springs 38311Buyer’s market $239 /sq ftParsons 38363Buyer’s market $115 /sq ftScotts Hill 38374Buyer’s market $137 /sq ftSugar Tree 38380Seller’s market $198 /sq ft Browse all markets →Towns like Decaturville nearby
Find towns like Decaturville in other states →Where Decaturville is
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Questions about Decaturville real estate
Is Decaturville a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Decaturville, TN 38329 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 Decaturville?
The typical home went under contract in 101 days in the latest three months.
Do homes in Decaturville sell over asking?
5% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Decaturville?
About 0.46% of a home’s value a year in Decatur County, or roughly $1,840 on a $400,000 home.
What is the median home price in Decaturville?
The median sale price was $214,907 in the three months ending August 31, 2026, about $143 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