Is Hilham, TN 38568 a buyer’s or seller’s market?
Hilham is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Hilham housing market right now
In the three months ending August 31, 2026, 0% of homes in Hilham, TN 38568 sold above their list price, the typical home went under contract in 147 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 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 (92 days then) and the median sale price rose 5% to $270,083. Overall, Hilham is less competitive than a year ago, which gives buyers more room.
Within Overton County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Rickman 38580 (14% sold over asking) and Livingston 38570 (5% sold over asking) are even more competitive.
Run the numbers for 38568
Nearby markets
Allons 38541Buyer’s market $256 /sq ftAlpine 38543Buyer’s market $147 /sq ftCrawford 38554Buyer’s market $177 /sq ftLivingston 38570Buyer’s market $169 /sq ft Browse all markets →Towns like Hilham nearby
Find towns like Hilham in other states →Where Hilham is
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Questions about Hilham real estate
Is Hilham a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Hilham, TN 38568 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 Hilham?
The typical home went under contract in 147 days in the latest three months.
Do homes in Hilham sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.
What are property taxes in Hilham?
About 0.39% of a home’s value a year in Overton County, or roughly $1,560 on a $400,000 home.
What is the median home price in Hilham?
The median sale price was $270,083 in the three months ending August 31, 2026, about $204 per square foot.
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More tools for 38568
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology