Is Scotts Hill, TN 38374 a buyer’s or seller’s market?
Scotts Hill is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Scotts Hill housing market right now
In the three months ending August 31, 2026, 0% of homes in Scotts Hill, TN 38374 sold above their list price, the typical home went under contract in 67 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 (87 days then) and the median sale price rose 137% to $272,382. Overall, Scotts Hill is more competitive than a year ago, so tougher for buyers.
Within Decatur County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Decaturville 38329 (5% sold over asking) is even more competitive.
Run the numbers for 38374
Nearby markets
Bath Springs 38311Buyer’s market $239 /sq ftDecaturville 38329Balanced $143 /sq ftParsons 38363Buyer’s market $115 /sq ftSugar Tree 38380Seller’s market $198 /sq ft Browse all markets →Towns like Scotts Hill nearby
Find towns like Scotts Hill in other states →Where Scotts Hill is
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Questions about Scotts Hill real estate
Is Scotts Hill a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Scotts Hill, TN 38374 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 Scotts Hill?
The typical home went under contract in 67 days in the latest three months.
Do homes in Scotts Hill sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.7% of the list price.
What are property taxes in Scotts Hill?
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 Scotts Hill?
The median sale price was $272,382 in the three months ending August 31, 2026, about $137 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