Is Pall Mall, TN 38577 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Pall Mall housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Pickett County, TN

Population	1,339
Median income	$52,578
Average income	$66,022
Median home value	$153,000
Owner-occupied	98% of homes
Median year built	1982

Natural hazard riskWinter storms (relatively high), tornadoes (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 38577; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 38577

Prefilled for 38577Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38577Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Byrdstown 38549Buyer’s market $225 /sq ft Browse all markets →

Towns like Pall Mall nearby

Find towns like Pall Mall in other states →

Whitleyville, TN38588 · 36 miles away82% similarpricier homes ($56K more) · older residents Clarkrange, TN38553 · 26 miles away72% similarlarger · older residents Deer Lodge, TN37726 · 28 miles away70% similarpricier homes ($25K more) · larger Winfield, TN37892 · 34 miles away68% similarcheaper homes ($43K less) · older residents

Where Pall Mall is

Loading map…

Questions about Pall Mall real estate

What are property taxes in Pall Mall?

About 0.41% of a home’s value a year in Pickett County, or roughly $1,640 on a $400,000 home.

Local agents

See all agents in 38577 →

No sponsored agents in 38577 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 38577

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Pickett County property taxes Pickett County loan limits Closing costs in Tennessee Hottest ZIP codes in Tennessee

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="38577"><a href="https://offerbacked.com/market/38577">Pall Mall, TN 38577 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology