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WINCHESTER, TN 37398

Real Estate Market Report  ·  Franklin County
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The WINCHESTER, TN real estate market (37398) currently shows 218 active listings, with 38 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has increased compared to last year, with 48 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 76 days on market compared to 73 days last year.

The median listing price has fallen 2.3% year-over-year, from $498,725 to $487,450.

Whether you are buying or selling in WINCHESTER, 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: 15,207  ·  Density: 53.7/mi²  ·  Median household income: $59,187

Typical home value: $198,988  ·  Homeownership: 76.0%

Market Overview

Active Listings
218
⇧ 28.2% vs 170 last year
Pending
38
17% pending ratio
Median Price
$487,450
⇩ 2.3% vs $498,725 last year
Average Price
$632,962
⇩ 5.2% vs $667,820 last year
Days on Market
76
⇧ 4.1% vs 73 days last year

Price Per Square Foot

Median $/sqft
$223
⇧ 2.3% vs $218/sqft last year
Median Home Size
2,242 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 218 this year vs 170 last year
  • Days on market: 76 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $487,450 (-2.3% YoY)
  • Average: $632,962 (-5.2% 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 24.8 miles — 736 listings ($358,382,850 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37398Winchester, TN 373980.0 mi183$99,873,348$442,400$545,756
37330Estill Springs, TN 373307.1 mi52$21,039,460$347,450$404,605
37324Decherd, TN 373249.2 mi49$17,173,226$293,250$350,474
37388Tullahoma, TN 3738812.2 mi182$79,583,504$385,675$437,272
37376Sherwood, TN 3737613.8 mi2$524,000$262,000$262,000
37375Sewanee, TN 3737514.6 mi14$6,918,800$486,750$494,200
37328Elora, TN 3732816.8 mi5$2,641,015$460,225$528,203
37342Hillsboro, TN 3734217.4 mi17$10,193,948$599,950$599,644
37356Monteagle, TN 3735618.0 mi22$19,630,446$640,975$892,293
37360Normandy, TN 3736019.5 mi12$4,964,172$354,975$413,681
37355Manchester, TN 3735522.8 mi149$66,896,083$399,900$448,967
37183Wartrace, TN 3718324.5 mi19$15,554,198$787,425$818,642
37387Tracy City, TN 3738724.8 mi30$13,390,650$399,000$446,355

Frequently Asked Questions

How many homes are for sale in WINCHESTER, TN 37398?

As of July 2026, there are 218 active listings in WINCHESTER, TN (zip code 37398), compared to 170 the prior year.

What is the median home price in WINCHESTER, TN 37398?

The median listing price in WINCHESTER, TN 37398 is $487,450 as of July 2026, a 2.3% decrease from $498,725 the prior year.

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

Homes in WINCHESTER, TN 37398 spend an average of 76 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in WINCHESTER, TN 37398?

Based on current inventory and days-on-market data as of July 2026, WINCHESTER, TN 37398 is currently a Buyer's Market. Inventory has increased compared to last year, with 48 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 76 days on market compared to 73 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WINCHESTER, TN 37398 save an estimated $9,749 compared to a typical 5% commission on the median listing price of $487,450. 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.