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Is Granville, TN 38564 a buyer’s or seller’s market?

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

Granville is a buyer’s market. With about 32 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply32Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$148▼ −33.1% vs. last year

The Granville housing market right now

In the three months ending August 31, 2026, 0% of homes in Granville, TN 38564 sold above their list price, the typical home went under contract in 33 days and there were 32 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 faster (57 days then) and the median sale price rose 26% to $384,833. Overall, Granville is more competitive than a year ago, so tougher for buyers.

Nearby, Whitleyville 38588 (33% sold over asking) and Gainesboro 38562 (7% sold over asking) are even more competitive.

Run the numbers for 38564

Prefilled for 38564Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38564Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bloomington Springs 38545Balanced $150 /sq ftGainesboro 38562Balanced $197 /sq ftWhitleyville 38588Buyer’s market $222 /sq ft Browse all markets →

Where Granville is

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Questions about Granville real estate

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

A buyer’s market: there were 32 months of supply in Granville, TN 38564 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 Granville?

The typical home went under contract in 33 days in the latest three months.

Do homes in Granville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Granville?

About 0.46% of a home’s value a year in Jackson County, or roughly $1,840 on a $400,000 home.

What is the median home price in Granville?

The median sale price was $384,833 in the three months ending August 31, 2026, about $148 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