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TAFT, TN 38488

Real Estate Market Report  ·  Lincoln County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
10
⇧ 66.7% vs 6 last year
Pending
1
10% pending ratio
Median Price
$520,000
⇩ 30.7% vs $750,000 last year
Average Price
$573,239
⇩ 9.6% vs $634,167 last year
Days on Market
101
⇧ 124.4% vs 45 days last year

Market Context

Population: 1,887  ·  Density: 12.5/mi²  ·  Median household income: $69,457

Typical home value: $254,777  ·  Homeownership: 86.3%

Market Analysis

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

The TAFT, TN real estate market (38488) currently shows 10 active listings, with 1 pending sales. Homes are averaging 101 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 101 days on market compared to 45 days last year.

The median listing price has fallen 30.7% year-over-year, from $750,000 to $520,000.

Whether you are buying or selling in TAFT, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 6 last year
  • Days on market: 101 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $520,000 (-30.7% YoY)
  • Average: $573,239 (-9.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.6 miles — 405 listings ($171,912,597 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38488Taft, TN 384880.0 mi10$5,732,390$520,000$573,239
35739Ardmore, AL 357397.9 mi15$6,242,625$292,450$416,175
38453Dellrose, TN 384539.2 mi3$3,569,850$1,189,950$1,189,950
37334Fayetteville, TN 3733410.6 mi112$51,056,208$337,000$455,859
38459Frankewing, TN 3845912.4 mi1$725,000$725,000$725,000
37348Kelso, TN 3734814.8 mi5$1,712,800$249,900$342,560
37335Flintville, TN 3733516.0 mi11$4,565,968$326,850$415,088
35761New Market, AL 3576117.9 mi154$57,188,824$326,550$371,356
37328Elora, TN 3732817.9 mi6$3,055,080$357,000$509,180
37144Petersburg, TN 3714418.5 mi18$11,103,084$370,000$616,838
35620Elkmont, AL 3562018.8 mi40$12,675,920$289,900$316,898
37359Mulberry, TN 3735919.0 mi3$1,064,001$245,000$354,667
37047Cornersville, TN 3704720.6 mi27$13,220,847$304,900$489,661

Frequently Asked Questions

How many homes are for sale in TAFT, TN 38488?

As of January 2026, there are 10 active listings in TAFT, TN (zip code 38488), compared to 6 the prior year.

What is the median home price in TAFT, TN 38488?

The median listing price in TAFT, TN 38488 is $520,000 as of January 2026, a 30.7% decrease from $750,000 the prior year.

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

Homes in TAFT, TN 38488 spend an average of 101 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in TAFT, TN 38488?

Based on current inventory and days-on-market data as of January 2026, TAFT, TN 38488 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 101 days on market compared to 45 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TAFT, TN 38488 save an estimated $10,400 compared to a typical 5% commission on the median listing price of $520,000. 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.