Is Pleasant Hill, TN 38578 a buyer’s or seller’s market?
Pleasant Hill is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Pleasant Hill housing market right now
In the three months ending August 31, 2026, 0% of homes in Pleasant Hill, TN 38578 sold above their list price, the typical home went under contract in 182 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Within Cumberland County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Crossville 38571 (7% sold over asking) and Crossville 38555 (7% sold over asking) are even more competitive.
Run the numbers for 38578
Nearby markets
Crab Orchard 37723Balanced $181 /sq ftCrossville 38555Balanced $195 /sq ftCrossville 38558Buyer’s market $207 /sq ftCrossville 38571Balanced $219 /sq ft Browse all markets →Where Pleasant Hill is
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Questions about Pleasant Hill real estate
Is Pleasant Hill a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Pleasant Hill, TN 38578 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 Pleasant Hill?
The typical home went under contract in 182 days in the latest three months.
Do homes in Pleasant Hill sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.1% of the list price.
What are property taxes in Pleasant Hill?
About 0.29% of a home’s value a year in Cumberland County, or roughly $1,160 on a $400,000 home.
What is the median home price in Pleasant Hill?
The median sale price was $203,912 in the three months ending August 31, 2026, about $114 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