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Is Hampshire, TN 38461 a buyer’s or seller’s market?

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

Hampshire is a buyer’s market. With about 10.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$256▼ −55.8% vs. last year

The Hampshire housing market right now

In the three months ending August 31, 2026, 0% of homes in Hampshire, TN 38461 sold above their list price, the typical home went under contract in 58 days and there were 10.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 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 more slowly (43 days then) and the median sale price fell 78% to $239,796. Overall, Hampshire is less competitive than a year ago, which gives buyers more room.

Run the numbers for 38461

Prefilled for 38461Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38461Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Hohenwald 38462Buyer’s market $204 /sq ft Browse all markets →

Towns like Hampshire nearby

Find towns like Hampshire in other states →
Santa Fe, TN38482 · 15 miles away79% similarcheaper homes ($68K less) · younger residents Culleoka, TN38451 · 20 miles away76% similarcheaper homes ($77K less) · larger Bon Aqua, TN37025 · 25 miles away71% similarcheaper homes ($135K less) · larger Duck River, TN38454 · 11 miles away69% similarcheaper homes ($242K less)

Where Hampshire is

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Questions about Hampshire real estate

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

A buyer’s market: there were 10.7 months of supply in Hampshire, TN 38461 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 Hampshire?

The typical home went under contract in 58 days in the latest three months.

Do homes in Hampshire sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Hampshire?

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

What is the median home price in Hampshire?

The median sale price was $239,796 in the three months ending August 31, 2026, about $256 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