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SHADY VALLEY, TN 37688

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

Market Analysis

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

The SHADY VALLEY, TN real estate market (37688) currently shows 5 active listings, with 1 pending sales. Homes are averaging 139 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 139 days on market compared to 196 days last year.

The median listing price has fallen 80.6% year-over-year, from $1,389,500 to $270,000.

Whether you are buying or selling in SHADY VALLEY, 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: 945  ·  Density: 6.7/mi²  ·  Median household income: $43,429

Typical home value: $138,532  ·  Homeownership: 88.3%

Market Overview

Active Listings
5
⇧ 66.7% vs 3 last year
Pending
1
20% pending ratio
Median Price
$270,000
⇩ 80.6% vs $1,389,500 last year
Average Price
$338,281
⇩ 75.7% vs $1,389,500 last year
Days on Market
139
⇩ 29.1% vs 196 days last year

Price Per Square Foot

Median $/sqft
$165
⇩ 61.1% vs $424/sqft last year
Median Home Size
1,732 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 3 last year
  • Days on market: 139 now vs 196 last year

Median & Average Pricing

Year over Year
  • Median: $270,000 (-80.6% YoY)
  • Average: $338,281 (-75.7% 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 23.8 miles — 305 listings ($129,256,975 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37688Shady Valley, TN 376880.0 mi7$5,166,469$287,750$738,067
24211Abingdon, VA 242118.5 mi46$34,695,592$464,650$754,252
24236Damascus, VA 2423610.6 mi11$4,093,925$387,450$372,175
28615Creston, NC 2861513.9 mi11$4,112,944$395,500$373,904
24361Meadowview, VA 2436115.4 mi12$4,662,720$359,900$388,560
24340Glade Spring, VA 2434015.9 mi17$4,899,077$267,450$288,181
24201Bristol, VA 2420116.5 mi100$27,951,400$248,725$279,514
24292Whitetop, VA 2429217.5 mi2$663,000$331,500$331,500
37618Bluff City, TN 3761818.9 mi30$12,855,690$378,596$428,523
28693Warrensville, NC 2869319.1 mi7$3,430,581$469,250$490,083
24319Chilhowie, VA 2431919.4 mi21$5,277,405$221,400$251,305
24202Bristol, VA 2420220.0 mi39$20,675,772$289,900$530,148
24270Mendota, VA 2427023.8 mi2$772,400$386,200$386,200

Frequently Asked Questions

How many homes are for sale in SHADY VALLEY, TN 37688?

As of March 2026, there are 5 active listings in SHADY VALLEY, TN (zip code 37688), compared to 3 the prior year.

What is the median home price in SHADY VALLEY, TN 37688?

The median listing price in SHADY VALLEY, TN 37688 is $270,000 as of March 2026, a 80.6% decrease from $1,389,500 the prior year.

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

Homes in SHADY VALLEY, TN 37688 spend an average of 139 days on the market before going under contract, compared to 196 days the prior year.

Is it a seller's or buyer's market in SHADY VALLEY, TN 37688?

Based on current inventory and days-on-market data as of March 2026, SHADY VALLEY, TN 37688 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 139 days on market compared to 196 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHADY VALLEY, TN 37688 save an estimated $5,400 compared to a typical 5% commission on the median listing price of $270,000. 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.