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GLEASON, TN 38229

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

Market Analysis

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

The GLEASON, TN real estate market (38229) currently shows 12 active listings, with 3 pending sales. Homes are averaging 111 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 111 days on market compared to 61 days last year.

The median listing price has fallen 3% year-over-year, from $177,400 to $172,000.

Whether you are buying or selling in GLEASON, 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: 2,517  ·  Density: 16.0/mi²  ·  Median household income: $55,625

Typical home value: $118,205  ·  Homeownership: 76.6%

Market Overview

Active Listings
12
⇩ 36.8% vs 19 last year
Pending
3
25% pending ratio
Median Price
$172,000
⇩ 3% vs $177,400 last year
Average Price
$276,144
⇧ 43.8% vs $192,083 last year
Days on Market
111
⇧ 82% vs 61 days last year

Price Per Square Foot

Median $/sqft
$147
⇧ 24.6% vs $118/sqft last year
Median Home Size
1,332 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 19 last year
  • Days on market: 111 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $172,000 (-3% YoY)
  • Average: $276,144 (+43.8% 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 24.5 miles — 306 listings ($96,845,018 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38229Gleason, TN 382290.0 mi10$2,738,210$179,000$273,821
38201McKenzie, TN 382018.0 mi54$15,527,106$259,900$287,539
38231Henry, TN 3823110.3 mi4$769,800$121,400$192,450
38258Trezevant, TN 3825813.8 mi3$1,176,999$299,000$392,333
38241Palmersville, TN 3824114.4 mi3$450,000$150,000$150,000
38237Martin, TN 3823715.8 mi43$12,902,881$258,450$300,067
38242Paris, TN 3824216.5 mi88$33,832,128$282,250$384,456
38342Hollow Rock, TN 3834219.5 mi3$1,144,899$199,900$381,633
38344Huntingdon, TN 3834419.6 mi43$13,683,202$293,175$318,214
38251Puryear, TN 3825121.1 mi5$2,155,415$410,550$431,083
38358Milan, TN 3835822.7 mi45$11,291,310$199,900$250,918
42079Sedalia, KY 4207923.5 mi4$1,033,068$264,900$258,267
38348Lavinia, TN 3834824.5 mi1$140,000$140,000$140,000

Frequently Asked Questions

How many homes are for sale in GLEASON, TN 38229?

As of June 2026, there are 12 active listings in GLEASON, TN (zip code 38229), compared to 19 the prior year.

What is the median home price in GLEASON, TN 38229?

The median listing price in GLEASON, TN 38229 is $172,000 as of June 2026, a 3% decrease from $177,400 the prior year.

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

Homes in GLEASON, TN 38229 spend an average of 111 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in GLEASON, TN 38229?

Based on current inventory and days-on-market data as of June 2026, GLEASON, TN 38229 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 111 days on market compared to 61 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GLEASON, TN 38229 save an estimated $3,440 compared to a typical 5% commission on the median listing price of $172,000. 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.