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COTTAGE GROVE, TN 38224

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

Market Analysis

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

The COTTAGE GROVE, TN real estate market (38224) currently shows 3 active listings, with 1 pending sales. Homes are averaging 206 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 206 days on market compared to 168 days last year.

The median listing price has fallen 2.1% year-over-year, from $367,500 to $359,900.

Whether you are buying or selling in COTTAGE GROVE, 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: 860  ·  Density: 5.5/mi²  ·  Median household income: $55,714

Typical home value: $0  ·  Homeownership: 82.6%

Market Overview

Active Listings
3
vs 3 last year
Pending
1
33% pending ratio
Median Price
$359,900
⇩ 2.1% vs $367,500 last year
Average Price
$292,267
⇩ 20.5% vs $367,500 last year
Days on Market
206
⇧ 22.6% vs 168 days last year

Price Per Square Foot

Median $/sqft
$168
⇩ 1.8% vs $171/sqft last year
Median Home Size
1,560 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
  • Days on market: 206 now vs 168 last year

Median & Average Pricing

Year over Year
  • Median: $359,900 (-2.1% YoY)
  • Average: $292,267 (-20.5% 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 24.0 miles — 156 listings ($44,094,870 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38224Cottage Grove, TN 382240.0 mi4$1,209,200$375,000$302,300
38251Puryear, TN 382518.3 mi5$2,155,415$410,550$431,083
38226Dukedom, TN 3822611.4 mi1$99,900$99,900$99,900
42079Sedalia, KY 4207912.6 mi4$1,033,068$264,900$258,267
42049Hazel, KY 4204912.9 mi5$3,390,335$912,200$678,067
42040Farmington, KY 4204016.1 mi3$839,850$279,950$279,950
38201McKenzie, TN 3820118.7 mi54$15,527,106$259,900$287,539
38236Mansfield, TN 3823619.4 mi4$852,000$205,000$213,000
38256Springville, TN 3825620.9 mi31$9,372,695$255,000$302,345
42088Wingo, KY 4208821.5 mi7$1,281,525$181,250$183,075
38257South Fulton, TN 3825722.6 mi10$2,494,000$198,500$249,400
42020Almo, KY 4202023.3 mi5$1,529,875$287,000$305,975
42041Fulton, KY 4204124.0 mi23$4,309,901$164,250$187,387

Frequently Asked Questions

How many homes are for sale in COTTAGE GROVE, TN 38224?

As of March 2026, there are 3 active listings in COTTAGE GROVE, TN (zip code 38224), compared to 3 the prior year.

What is the median home price in COTTAGE GROVE, TN 38224?

The median listing price in COTTAGE GROVE, TN 38224 is $359,900 as of March 2026, a 2.1% decrease from $367,500 the prior year.

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

Homes in COTTAGE GROVE, TN 38224 spend an average of 206 days on the market before going under contract, compared to 168 days the prior year.

Is it a seller's or buyer's market in COTTAGE GROVE, TN 38224?

Based on current inventory and days-on-market data as of March 2026, COTTAGE GROVE, TN 38224 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 206 days on market compared to 168 days last year.

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

With SELL123.com's maximum 3% commission, sellers in COTTAGE GROVE, TN 38224 save an estimated $7,198 compared to a typical 5% commission on the median listing price of $359,900. 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.