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Is Allardt, TN 38504 a buyer’s or seller’s market?

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

Allardt is a buyer’s market. With about 35.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply35.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$308▼ −55.6% vs. last year

The Allardt housing market right now

In the three months ending August 31, 2026, 0% of homes in Allardt, TN 38504 sold above their list price, the typical home went under contract in 62 days and there were 35.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 (30 days then) and the median sale price fell 30% to $314,864. Overall, Allardt is less competitive than a year ago, which gives buyers more room.

Nearby, Jamestown 38556 (16% sold over asking) is even more competitive.

Run the numbers for 38504

Prefilled for 38504Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38504Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clarkrange 38553Balanced $219 /sq ftGrimsley 38565Buyer’s market $199 /sq ftJamestown 38556Buyer’s market $200 /sq ftWilder 38589 — /sq ft Browse all markets →

Where Allardt is

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Questions about Allardt real estate

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

A buyer’s market: there were 35.2 months of supply in Allardt, TN 38504 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 Allardt?

The typical home went under contract in 62 days in the latest three months.

Do homes in Allardt sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.

What are property taxes in Allardt?

About 0.32% of a home’s value a year in Fentress County, or roughly $1,280 on a $400,000 home.

What is the median home price in Allardt?

The median sale price was $314,864 in the three months ending August 31, 2026, about $308 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