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Is Chestnut Mound, TN 38552 a buyer’s or seller’s market?

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

Chestnut Mound is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$55

The Chestnut Mound housing market right now

In the three months ending August 31, 2026, 0% of homes in Chestnut Mound, TN 38552 sold above their list price, the typical home went under contract in 19 days and there were 6.4 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.

Within Smith County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Brush Creek 38547 (25% sold over asking) and Carthage 37030 (12% sold over asking) are even more competitive.

Run the numbers for 38552

Prefilled for 38552Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38552Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brush Creek 38547Seller’s market $221 /sq ftCarthage 37030Balanced $157 /sq ftElmwood 38560Buyer’s market $249 /sq ftGordonsville 38563Buyer’s market $338 /sq ft Browse all markets →

Where Chestnut Mound is

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Questions about Chestnut Mound real estate

Is Chestnut Mound a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Chestnut Mound, TN 38552 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 Chestnut Mound?

The typical home went under contract in 19 days in the latest three months.

Do homes in Chestnut Mound sell over asking?

0% of homes sold above their original list price.

What are property taxes in Chestnut Mound?

About 0.47% of a home’s value a year in Smith County, or roughly $1,880 on a $400,000 home.

What is the median home price in Chestnut Mound?

The median sale price was $103,955 in the three months ending August 31, 2026, about $55 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