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Dogwood Heights Forrest Hills Longview Subdivision Valleyview Subdivision

WAYNESBORO, TN 38485

Real Estate Market Report  ·  Wayne County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 38485

Dogwood Heights · Forrest Hills · Longview Subdivision · Valleyview Subdivision

Market Analysis

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

The WAYNESBORO, TN real estate market (38485) currently shows 29 active listings, with 8 pending sales. Homes are averaging 123 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 123 days on market compared to 73 days last year.

The median listing price has risen 14.8% year-over-year, from $239,900 to $275,500.

Whether you are buying or selling in WAYNESBORO, 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: 6,361  ·  Density: 8.7/mi²  ·  Median household income: $53,104

Typical home value: $119,314  ·  Homeownership: 75.6%

Market Overview

Active Listings
29
⇧ 26.1% vs 23 last year
Pending
8
28% pending ratio
Median Price
$275,500
⇧ 14.8% vs $239,900 last year
Average Price
$526,792
⇧ 26.6% vs $416,250 last year
Days on Market
123
⇧ 68.5% vs 73 days last year

Price Per Square Foot

Median $/sqft
$160
⇧ 8.8% vs $147/sqft last year
Median Home Size
1,600 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 23 last year
  • Days on market: 123 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $275,500 (+14.8% YoY)
  • Average: $526,792 (+26.6% 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 30.5 miles — 451 listings ($208,298,212 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38485Waynesboro, TN 384850.0 mi27$12,999,096$267,000$481,448
38425Clifton, TN 3842511.8 mi12$4,657,968$319,500$388,164
38486Westpoint, TN 3848617.3 mi9$2,788,767$259,950$309,863
38462Hohenwald, TN 3846218.8 mi65$27,899,235$325,900$429,219
38471Lutts, TN 3847119.5 mi1$395,000$395,000$395,000
38463Iron City, TN 3846319.8 mi13$4,797,091$389,500$369,007
38372Savannah, TN 3837223.8 mi136$60,284,312$362,875$443,267
38483Summertown, TN 3848325.8 mi47$25,333,799$349,925$539,017
38469Loretto, TN 3846926.6 mi29$7,808,946$271,725$269,274
38374Scotts Hill, TN 3837428.6 mi5$1,667,000$230,000$333,400
38361Morris Chapel, TN 3836129.1 mi11$4,461,358$333,000$405,578
35634Florence, AL 3563429.9 mi52$32,475,196$399,950$624,523
37033Centerville, TN 3703330.5 mi44$22,730,444$373,725$516,601

Frequently Asked Questions

How many homes are for sale in WAYNESBORO, TN 38485?

As of March 2026, there are 29 active listings in WAYNESBORO, TN (zip code 38485), compared to 23 the prior year.

What is the median home price in WAYNESBORO, TN 38485?

The median listing price in WAYNESBORO, TN 38485 is $275,500 as of March 2026, a 14.8% increase from $239,900 the prior year.

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

Homes in WAYNESBORO, TN 38485 spend an average of 123 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 WAYNESBORO, TN 38485?

Based on current inventory and days-on-market data as of March 2026, WAYNESBORO, TN 38485 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 123 days on market compared to 73 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WAYNESBORO, TN 38485 save an estimated $5,510 compared to a typical 5% commission on the median listing price of $275,500. 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.