Is Five Points, TN 38457 a buyer’s or seller’s market?
Five Points is a seller’s market. With about 1.6 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 Five Points housing market right now
In the three months ending August 31, 2026, 0% of homes in Five Points, TN 38457 sold above their list price, the typical home went under contract in 107 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 (131 days then) and the median sale price rose 4% to $259,888. Overall, Five Points is more competitive than a year ago, so tougher for buyers.
Within Lawrence County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Westpoint 38486 (100% sold over asking) and Lawrenceburg 38464 (13% sold over asking) are even more competitive.
Run the numbers for 38457
Nearby markets
Ethridge 38456Buyer’s market $185 /sq ftLawrenceburg 38464Balanced $170 /sq ftLeoma 38468Balanced $195 /sq ftLoretto 38469Seller’s market $163 /sq ft Browse all markets →Where Five Points is
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Questions about Five Points real estate
Is Five Points a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Five Points, TN 38457 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 Five Points?
The typical home went under contract in 107 days in the latest three months.
Do homes in Five Points sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 85.0% of the list price.
What are property taxes in Five Points?
About 0.53% of a home’s value a year in Lawrence County, or roughly $2,120 on a $400,000 home.
What is the median home price in Five Points?
The median sale price was $259,888 in the three months ending August 31, 2026, about $166 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