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PALMER, TN 37365

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PALMER, TN real estate market (37365) currently shows 9 active listings, with 3 pending sales. Homes are averaging 134 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 134 days on market compared to 154 days last year.

The median listing price has fallen 4.5% year-over-year, from $232,500 to $222,000.

Whether you are buying or selling in PALMER, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,902  ·  Density: 13.0/mi²  ·  Median household income: $49,737

Typical home value: $110,319  ·  Homeownership: 92.4%

Market Overview

Active Listings
9
⇧ 12.5% vs 8 last year
Pending
3
33% pending ratio
Median Price
$222,000
⇩ 4.5% vs $232,500 last year
Average Price
$322,200
⇧ 24.8% vs $258,117 last year
Days on Market
134
⇩ 13% vs 154 days last year

Price Per Square Foot

Median $/sqft
$145
⇧ 5.1% vs $138/sqft last year
Median Home Size
1,440 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 8 last year
  • Days on market: 134 now vs 154 last year

Median & Average Pricing

Year over Year
  • Median: $222,000 (-4.5% YoY)
  • Average: $322,200 (+24.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.1 miles — 760 listings ($373,619,350 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37365Palmer, TN 373650.0 mi11$4,353,118$248,500$395,738
37327Dunlap, TN 373278.6 mi100$49,706,100$367,450$497,061
37305Beersheba Springs, TN 3730510.8 mi3$808,500$269,500$269,500
37387Tracy City, TN 3738711.8 mi30$13,390,650$399,000$446,355
37377Signal Mountain, TN 3737715.9 mi71$60,255,002$748,000$848,662
37366Pelham, TN 3736617.4 mi3$1,859,898$543,425$619,966
37338Graysville, TN 3733818.9 mi27$12,262,293$356,250$454,159
37379Soddy Daisy, TN 3737921.3 mi149$82,267,817$515,000$552,133
37110Mcminnville, TN 3711021.9 mi219$81,878,406$309,925$373,874
37415Chattanooga, TN 3741522.5 mi98$44,205,056$396,950$451,072
37342Hillsboro, TN 3734223.1 mi17$10,193,948$599,950$599,644
37383Sewanee, TN 3738323.9 mi1$85,000$85,000$85,000
37380South Pittsburg, TN 3738024.1 mi31$12,353,562$295,850$398,502

Frequently Asked Questions

How many homes are for sale in PALMER, TN 37365?

As of March 2026, there are 9 active listings in PALMER, TN (zip code 37365), compared to 8 the prior year.

What is the median home price in PALMER, TN 37365?

The median listing price in PALMER, TN 37365 is $222,000 as of March 2026, a 4.5% decrease from $232,500 the prior year.

How long do homes stay on the market in PALMER, TN?

Homes in PALMER, TN 37365 spend an average of 134 days on the market before going under contract, compared to 154 days the prior year.

Is it a seller's or buyer's market in PALMER, TN 37365?

Based on current inventory and days-on-market data as of March 2026, PALMER, TN 37365 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 134 days on market compared to 154 days last year.

How much can I save on real estate commission in PALMER, TN?

With SELL123.com's maximum 3% commission, sellers in PALMER, TN 37365 save an estimated $4,440 compared to a typical 5% commission on the median listing price of $222,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.