Is Sugar Tree, TN 38380 a buyer’s or seller’s market?
Sugar Tree is a seller’s market. With about 2.7 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Sugar Tree housing market right now
In the three months ending August 31, 2026, 0% of homes in Sugar Tree, TN 38380 sold above their list price, the typical home went under contract in 37 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 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 (55 days then) and the median sale price rose 50% to $352,472. Overall, Sugar Tree is more competitive than a year ago, so tougher for buyers.
Within Decatur County, homes here sell faster, and 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 38380
Nearby markets
Bath Springs 38311Buyer’s market $239 /sq ftDecaturville 38329Balanced $143 /sq ftParsons 38363Buyer’s market $115 /sq ftScotts Hill 38374Buyer’s market $137 /sq ft Browse all markets →Where Sugar Tree is
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Questions about Sugar Tree real estate
Is Sugar Tree a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Sugar Tree, TN 38380 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 Sugar Tree?
The typical home went under contract in 37 days in the latest three months.
Do homes in Sugar Tree sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in Sugar Tree?
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 Sugar Tree?
The median sale price was $352,472 in the three months ending August 31, 2026, about $198 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