Is Clarkrange, TN 38553 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Clarkrange is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.4%Sold price ÷ list price
Median days on market77Listing to accepted offer
Median price per sq ft$219▲ +10.9% vs. last year

The Clarkrange housing market right now

In the three months ending August 31, 2026, 0% of homes in Clarkrange, TN 38553 sold above their list price, the typical home went under contract in 77 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (64 days then) and the median sale price rose 28% to $342,352. Overall, Clarkrange is less competitive than a year ago, which gives buyers more room.

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

Nearby markets

Allardt 38504Buyer’s market $308 /sq ftGrimsley 38565Buyer’s market $199 /sq ftJamestown 38556Buyer’s market $200 /sq ftWilder 38589 — /sq ft Browse all markets →

Where Clarkrange is

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Questions about Clarkrange real estate

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

A balanced market: there were 5.6 months of supply in Clarkrange, TN 38553 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 Clarkrange?

The typical home went under contract in 77 days in the latest three months.

Do homes in Clarkrange sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.

What are property taxes in Clarkrange?

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 Clarkrange?

The median sale price was $342,352 in the three months ending August 31, 2026, about $219 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