Is Rickman, TN 38580 a buyer’s or seller’s market?
Rickman is a seller’s market. With about 3.4 months of supply and 14% 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 Rickman housing market right now
In the three months ending August 31, 2026, 14% of homes in Rickman, TN 38580 sold above their list price, the typical home went under contract in 83 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (87 days then) and the median sale price rose 9% to $370,839. Overall, Rickman is more competitive than a year ago, so tougher for buyers.
Within Overton County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Monroe 38573 (0% sold over asking) or Hilham 38568 (0% sold over asking).
Run the numbers for 38580
Nearby markets
Allons 38541Buyer’s market $256 /sq ftAlpine 38543Buyer’s market $147 /sq ftCrawford 38554Buyer’s market $177 /sq ftHilham 38568Buyer’s market $204 /sq ft Browse all markets →Towns like Rickman nearby
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Questions about Rickman real estate
Is Rickman a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Rickman, TN 38580 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 Rickman?
The typical home went under contract in 83 days in the latest three months.
Do homes in Rickman sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.
What are property taxes in Rickman?
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 Rickman?
The median sale price was $370,839 in the three months ending August 31, 2026, about $208 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