Population: 1,531 · Density: 17.9/mi² · Median household income: $58,068
Typical home value: $171,241 · Homeownership: 70.8%
Data as of January 2026. Source: Realtor.com.
The ELMWOOD, TN real estate market (38560) currently shows 5 active listings, with 1 pending sales. Homes are averaging 106 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 106 days on market compared to 120 days last year.
The median listing price has risen 32.9% year-over-year, from $379,900 to $504,900.
Whether you are buying or selling in ELMWOOD, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38560 | Elmwood, TN 38560 | 0.0 mi | 5 | $2,812,160 | $504,900 | $562,432 |
| 37030 | Carthage, TN 37030 | 5.2 mi | 39 | $14,337,453 | $334,000 | $367,627 |
| 38564 | Granville, TN 38564 | 7.0 mi | 8 | $5,832,912 | $512,450 | $729,114 |
| 38563 | Gordonsville, TN 38563 | 8.4 mi | 27 | $10,813,608 | $368,900 | $400,504 |
| 38547 | Brush Creek, TN 38547 | 9.6 mi | 10 | $5,417,600 | $487,450 | $541,760 |
| 37151 | Riddleton, TN 37151 | 11.1 mi | 3 | $1,199,850 | $399,950 | $399,950 |
| 38545 | Bloomington Springs, TN 38545 | 11.8 mi | 4 | $2,423,900 | $487,450 | $605,975 |
| 38544 | Baxter, TN 38544 | 14.3 mi | 64 | $26,807,872 | $349,900 | $418,873 |
| 37057 | Dixon Springs, TN 37057 | 14.6 mi | 3 | $759,699 | $219,900 | $253,233 |
| 38588 | Whitleyville, TN 38588 | 17.5 mi | 8 | $3,818,840 | $357,450 | $477,355 |
| 37184 | Watertown, TN 37184 | 18.4 mi | 19 | $13,627,959 | $634,975 | $717,261 |
| 37074 | Hartsville, TN 37074 | 19.8 mi | 51 | $26,932,947 | $525,000 | $528,097 |
| 37166 | Smithville, TN 37166 | 21.9 mi | 131 | $68,164,409 | $398,000 | $520,339 |
As of January 2026, there are 5 active listings in ELMWOOD, TN (zip code 38560), compared to 7 the prior year.
The median listing price in ELMWOOD, TN 38560 is $504,900 as of January 2026, a 32.9% increase from $379,900 the prior year.
Homes in ELMWOOD, TN 38560 spend an average of 106 days on the market before going under contract, compared to 120 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ELMWOOD, TN 38560 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 106 days on market compared to 120 days last year.
With SELL123.com's maximum 3% commission, sellers in ELMWOOD, TN 38560 save an estimated $10,098 compared to a typical 5% commission on the median listing price of $504,900. 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.