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SPEEDWELL, TN 37870

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

Market Analysis

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

The SPEEDWELL, TN real estate market (37870) currently shows 17 active listings, with 2 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 73 days on market compared to 65 days last year.

The median listing price has fallen 20.6% year-over-year, from $394,500 to $313,400.

Whether you are buying or selling in SPEEDWELL, 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: 3,633  ·  Density: 16.9/mi²  ·  Median household income: $38,672

Typical home value: $118,206  ·  Homeownership: 80.9%

Market Overview

Active Listings
17
⇩ 37% vs 27 last year
Pending
2
12% pending ratio
Median Price
$313,400
⇩ 20.6% vs $394,500 last year
Average Price
$367,228
⇩ 14.3% vs $428,600 last year
Days on Market
73
⇧ 12.3% vs 65 days last year

Price Per Square Foot

Median $/sqft
$205
⇩ 6.4% vs $219/sqft last year
Median Home Size
2,042 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 27 last year
  • Days on market: 73 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $313,400 (-20.6% YoY)
  • Average: $367,228 (-14.3% 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 — 419 listings ($246,521,717 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37870Speedwell, TN 378700.0 mi14$4,973,920$316,902$355,280
37825New Tazewell, TN 378259.2 mi40$24,349,920$390,000$608,748
37724Cumberland Gap, TN 377249.7 mi6$2,124,000$349,500$354,000
37766La Follette, TN 3776613.9 mi102$81,675,480$402,475$800,740
37888Washburn, TN 3788816.3 mi7$2,947,406$319,500$421,058
37762Jellico, TN 3776217.8 mi11$4,966,841$342,000$451,531
37705Andersonville, TN 3770518.9 mi26$18,444,660$674,306$709,410
37879Tazewell, TN 3787919.4 mi41$28,920,949$292,425$705,389
24248Ewing, VA 2424821.4 mi15$6,957,525$251,000$463,835
37819Newcomb, TN 3781921.8 mi1$335,000$335,000$335,000
37828Norris, TN 3782822.5 mi7$2,959,600$442,400$422,800
37721Corryton, TN 3772123.0 mi64$25,843,776$379,900$403,809
37938Knoxville, TN 3793824.1 mi85$42,022,640$477,925$494,384

Frequently Asked Questions

How many homes are for sale in SPEEDWELL, TN 37870?

As of March 2026, there are 17 active listings in SPEEDWELL, TN (zip code 37870), compared to 27 the prior year.

What is the median home price in SPEEDWELL, TN 37870?

The median listing price in SPEEDWELL, TN 37870 is $313,400 as of March 2026, a 20.6% decrease from $394,500 the prior year.

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

Homes in SPEEDWELL, TN 37870 spend an average of 73 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in SPEEDWELL, TN 37870?

Based on current inventory and days-on-market data as of March 2026, SPEEDWELL, TN 37870 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 73 days on market compared to 65 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SPEEDWELL, TN 37870 save an estimated $6,268 compared to a typical 5% commission on the median listing price of $313,400. 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.